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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UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

The United Nations Committee on Enforced Disappearances (CED) has...

Sri Lanka Tourism Surges: October Arrivals Break New Records

Sri Lanka’s tourism industry has entered October on a...

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Sri Lanka’s banking sector displayed renewed resilience in the...

Mini World’s End Temporarily Closed Following Wasp Attacks

The Meegahakivula Pradeshiya Sabha has temporarily closed the Mini World’s End tourist site...

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