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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Sri Lanka Tea Industry Shows Modest Recovery amid Challenges

Sri Lanka’s tea industry recorded a marginal improvement in...

Vietnam, Sri Lanka Explore New Economic Partnerships in North

A high-level delegation from the Embassy of Viet Nam,...

Sri Lanka Revives Refinery Expansion amid Past Political Resistance

Sri Lanka’s long-delayed efforts to expand and modernise the...

Around 25 Cyber Crime Cases Reported Daily – Public Security Minister

Public Security and Parliamentary Affairs Minister Ananda Wijepala told...

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