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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The United States has decided to donate 10 helicopters to Sri Lanka for use in disaster response operations.

By: Rashika HennayakeJanuary 07, Colombo (LNW): The United States has decided...

Sri Lanka Tourism Chief Bets on Data as Tourist industry Faces Reality Check

At a time when Sri Lanka’s tourism industry is...

EU Grant Fuels Sri Lanka’s Green Shift in Agriculture

Sri Lanka has taken a significant step toward environmentally...

Coral Reef Protection Gets Long-Term Funding Boost

Sri Lanka has officially launched the CORRAL (Conservation of...

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