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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Colombo District Court Issues Injunction Against Controversial Book Alleging Misconduct by Diyawadana Nilame

The Colombo District Court has issued an injunction against...

Govt Orders Forensic Audit on BYD Imports Amid Rising Controversy

The Sri Lankan government has launched a full-scale forensic...

Govt Acts to Shield SMEs from Collapse as Loan Defaults Rise

Sri Lanka has launched a fresh support mechanism to...

Lifeline for Sri Lanka’s Struggling Fisherfolk: New Insurance Scheme Launched

:Sri Lanka’s inland and lagoon fishermen—who make up one...

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