Tag: CBSL
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SL Banks directed to strictly follow rules on conversion of foreign exchange
The Central Bank of Sri Lanka (CBSL) has directed licensed banks to strictly adhere to the rules stipulated by the CBSL with regard to...
CB releases US$ 5 Mn issued to clear essential commodities stranded at ports
The long delayed clearance of over 1000 essential commodity containers struck at the Colombo port due to lack of dollars for repayments for food...
CBSL suspends money-printing. Bank interest rates to be surged
CBSL suspends money-printing. Bank interest rates surged
Central Bank sells family gold to battle foreign exchange crisis
The Central Bank has partly sold the country’s gold reserves as it battles the ongoing foreign exchange crisis to boost liquid reserves.
Central Bank Governor,...
A shortage of bread is inevitable in the future – Bakery owners
The All Ceylon Bakery Owners' Association says that there will be a huge shortage of bread in the future due to the dollar shortage...