April 20, 2024 5:17 pm
Results: 7
Sri Lanka holds rates as Mahendran eyes next fiscal budget
Sri Lanka’s central bank kept interest rates unchanged for a sixth straight month and Governor Arjuna Mahendran said the government will focus on boosting revenue in its budget due November, the Bloomberg news agency reported today. MORE...
Treasury allocates Rs.544 million for Golden Key depositors
The repayment schedule prepared by the Central Bank of Sri Lanka (CBSL) for resolving the difficulties confronted by the deposit holders of the Golden Key Credit Card Company Limited (GKCCCL) has already been approved by the Cabinet of Ministers. MORE...
Why Sri Lanka has done a China-style ‘managed float’
Sri Lanka’s central bank is allowing the local rupee to become more market-oriented but like Bejing, it has shied away from turning the currency into a true free float. MORE...
FR petition filed seeking COPE report made public
A petition was filed with the Supreme Court today seeking an order for the Committee on Public Enterprises (COPE) sub-committee report on the Central Bank bond issue to be made public. MORE..
Govt to pay the Golden Key depositors from Friday
The government is to begin the disbursement of payment to the deposit holders of the defunct Golden Key Credit Card Company Ltd (GK) from Friday (July 24). MORE..
CB Governor seeks overseas loans to reduce debt costs
Sri Lankan central bank Governor Arjuna Mahendran is seeking concessional overseas loans to refinance costlier debt and reduce reliance on global bond markets. MORE..
Central Bank clarifies on new Governor, currency notes issue
The Central Bank of Sri Lanka today clarified on the validity of the appointment of its present governor and controversy surrounding the currency notes issued by the Bank on February 04, in view of frivolous allegations appearing in certain media. MORE..