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 Reschedules €30M Debt with Hungary amid Financial Stability Efforts

As Sri Lanka continues to grapple with its worst...

Japan Backs Sri Lanka’s Anti-Corruption Drive with $2.5M UNDP Project

In a significant boost to Sri Lanka’s efforts to...

Govt Unveils 5-Year Plan to Triple Digital Exports and Transform Economy

Sri Lanka has unveiled an ambitious five-year roadmap to...

Lanka Indian Oil Company Donates Rs. 100 Million to President’s Fund

Rewritten News Report:The Lanka Indian Oil Company (LIOC) has donated Rs. 100...

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