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...

October 20, 2015  11:35 am|

No-confidence motion against CB Governor next week- Peiris

The opposition will move a motion of no confidence against Central Bank Governor, Arjuna Mahendran, who is in the spotlight due to the controversy surrounding the treasury bond issue, former Foreign Minister G.L. Peiris said. MORE...

May 14, 2015  04:57 pm|

Nivard Cabraal questioned over hedging deal

The Financial Crime Investigation Division (FCID) is currently recording a statement from former Central Bank Governor Ajith Nivard Cabraal in connection with the controversial hedging deal, police spokesman ASP Ruwan Gunasekara said. MORE...

March 30, 2015  10:37 am|