Tag: Central Bank of Sri Lanka

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More dollars pour into CB’s fund for essential imports 

More dollars are pouring into the fund set up by the Central bank to collect a few dollars more for the use of the...

CB’s Interest rate hike pushes SMEs into near bankruptcy

The sudden interest rate hike excessively by the Central Bank would hit COVID-19 affected small and medium enterprises (SMEs) hard compelling them to declare...

Sri Lanka Central Bank to crack down on illicit money changers 

Sri Lanka’s central bank has banned money changers from selling US dollars above the commercial bank rates as the country grapples from a forex...

CBSL issues new directive on mortgage-backed housing loans

CBSL issues new directive on mortgage-backed housing loans

25 per cent of dollar reserves in commercial banks to be transferred to CBSL

25 per cent of dollar reserves possessed by commercial banks in Sri Lanka must be transferred to the Central Bank of Sri Lanka (CBSL),...

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China Reaffirms Belt and Road Commitment with Sri Lanka amid Deepening Ties

China has reiterated its commitment to strengthening cooperation with...

SriLankan Airlines & AASL Probe Deepens amid, Losses and Corruption Claims

Sri Lanka’s troubled national carrier and its airport operator...

Sri Lanka’s Tea Avenue Expands to India amid Global Tea Challenges

Sri Lanka’s tea industry, long considered the backbone of...

Sri Lanka, Netherlands Explore Fisheries Cooperation and Heritage Preservation

A high-level discussion to enhance bilateral cooperation between Sri...

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