More Rates
Subscribe to Central Bank of Sri Lanka RSS

News

The Government and the Central Bank of Sri Lanka Introduce Further Measures to Preserve the Foreign Currency Reserve Position of Sri Lanka

With the view of preserving the foreign currency reserve position of the country, minimizing the existing pressure on the exchange rate and considering the possible negative impact to the Sri Lankan economy due to the outbreak of Covid-19 pandemic, the Hon. Minister of Finance, Economic and Policy Developments with the recommendation of the Monetary Board of the Central Bank of Sri Lanka (CBSL) and the approval of the Cabinet of Ministers has issued  an Order imposing the following measures on outward remittances on Capital Transactions for a period of three (03) months. 

The Central Bank of Sri Lanka Further Reduces Policy Interest Rates

The Monetary Board of the Central Bank of Sri Lanka, on 03 April 2020, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 25 basis points to 6.00 per cent and 7.00 per cent, respectively, effective from the close of business on 03 April 2020. This decision will complement the measures taken thus far to ease market conditions, and enable the domestic financial market to provide further relief to businesses and individuals affected by the outbreak of the COVID-19 pandemic and restrictions placed to contain its spread within the country.

Central Bank of Sri Lanka Decides to Establish a Rupees 50 Billion, Six Month Re-Financing Facility and Issues Instructions to Financial Institutions to Support Covid-19 Hit Businesses and Individuals

The Central Bank of Sri Lanka (CBSL) has decided to set up a Re-financing Facility to implement the decisions taken by the Cabinet of Ministers on 20.03.2020 to introduce a wide range of concessions including a debt moratorium (capital and interest) and a working capital loan for COVID-19 hit businesses and individuals. Licensed commercial banks, licensed specialised banks, licensed finance companies and specialised leasing companies (Financial Institutions) are eligible to participate in this Re-financing Facility commencing 25.03.2020 and offer the concessions announced.

Inflation decreased in March 2020

Headline inflation as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100)1 declined to 5.4 per cent in March 2020 from 6.2 per cent in February 2020. This was due to the decline in the prices of items in the Food category. Accordingly, Food inflation (Y-o-Y) declined to 12.8 per cent in March 2020 from 14.7 per cent in February 2020, while Non-food inflation (Y-o-Y) recorded at 2.5 per cent in March 2020.

Measures taken by the Central Bank of Sri Lanka to Provide Flexibility to Licensed Finance Companies and Specialised Leasing Companies to Support Businesses and Individuals Affected by the Outbreak of Coronavirus (COVID – 19)

The Monetary Board of the Central Bank of Sri Lanka (CBSL) decided to introduce number of measures to provide flexibility to Licensed Finance Companies (LFCs) and Specialised Leasing Companies (SLCs) facilitating them to support businesses and individuals affected by the outbreak of COVID-19. In line with this initiative, implementation of several regulatory measures such as capital enhancement will be deferred while certain regulatory measures will be relaxed as a temporary step giving due consideration to the imminent threat faced by LFCsand SLCs.

External Sector Performance - January 2020

The trade deficit widened in January 2020 compared to January 2019, as earnings from exports declined while expenditure on imports increased. Although the tourism industry rapidly recovered from the Easter Sunday attacks by end 2019, the COVID-19 outbreak reversed the recovering trend in January 2020. Workers’ remittances recorded a year-on-year growth in January 2020. Meanwhile, foreign investment in the government securities market recorded a net inflow in January 2020 while a net outflow was observed from the CSE. The Sri Lankan rupee remained broadly stable and appreciated against the US dollar in January 2020, but depreciated sharply in March in the face of the COVID-19 pandemic following a similar trend of many emerging market currencies due to strengthening US dollar and yen.

Pages

Press Releases

19.04.2024 Open Market Operations - 19 April 2024
19.04.2024 Treasury Bill Issuance held on 17 April 2024
18.04.2024 Open Market Operations - 18 April 2024
17.04.2024 Open Market Operations - 17 April 2024
17.04.2024 Treasury Bill Auction held on 17 April 2024
16.04.2024 Open Market Operations - 16 April 2024

more

Government Securities

Treasury Bills/Bonds for Foreign/Non-Resident Investors

Sri Lanka Development Bonds

T-bills and T-bonds Primary Auction Calendar

Secondary Market Trade Summary

LankaSecure Services

GOSL Outstanding Debt Securities

Daily Report

more

Notices

18.04.2024 Rs. 92,000 million Treasury bills are to be issued through an auction on 24th April 2024
10.04.2024 Rs. 78,000 million Treasury bills are to be issued through an auction on 17th April 2024
10.04.2024 Sri Lanka Deposit Insurance Scheme Audited Financial Statements of the Deposit Insurnace Fund - 2023
05.04.2024 Procurement of Personal Computers for the Central Bank of Sri Lanka
05.04.2024 Supply, Delivery, Installation, Commissioning and Maintenance of Network Switches
05.04.2024 Supply and Delivery of Drinking Water Dispensers

more

About

More Services

Useful Sites

Follow Us