Results: 8
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...
India, Sri Lanka sign currency swap agreement
The Reserve Bank has signed a special currency swap agreement with the Central Bank of Sri Lanka that will allow the latter to draw up to $1.1 billion. MORE...
Arjuna Mahendran resumes duty at Central Bank - sources
Central Bank Governor Arjuna Mahendran has resumed his duties after a more than five-week voluntary leave of absence after being cleared by a panel investigating a controversial government bond auction, according to a Reuters report. MORE..
Arjuna Mahendran questioned at Bribery Commission
The Bribery Commission has recorded a statement from the Governor of the Central Bank of Sri Lanka, Arjuna Mahendran. MORE..
CB Governor to take leave during probe: PM
Prime Minister Ranil Wickramasinghe on Tuesday (17) informed the Parliament that Central Bank Governor Arjuna Mahendran will be on leave until investigation on the treasury bonds issue is concluded. MORE...
JVP wants Central Bank Governor to resign
The People’s Liberation Front, popularly known as the Janatha Vimukthi Peramuna (JVP), today called for the resignation of Mr. Arjuna Mahendran as the Governor at Central Bank of Sri Lanka. MORE..