Search results
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The Central Bank clarifies its Repurchase Agreement with the Federal Reserve Bank, New York
... difficulties, the CBSL has decided to pledge a sum of USD 1 billion worth of US Treasury Bonds held in the CBSL reserve and enter ... facility with the FED. This would permit the CBSL to raise USD 1 billion in cash form when required. When this Repo facility is settled by ...
conedit4 - 24.07.2020 - 21:23
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Special Deposit Account with an Additional Interest
... made to the Sri Lanka Customs (if the amount exceeds USD 15,000) and the relevant Authorized Dealer (if the amount equals or less than USD 15,000) d. Out of foreign currency notes in the possession of any ...
conedit1 - 13.07.2021 - 16:19
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Securitised Financing Arrangement for the Government of Sri Lanka
Sri Lanka receives around United States Dollars (USD) 7,000 million in workers’ remittances annually. On the strength of this ... mandatory sale requirement on 28 May 2021, an average of USD 25 million per month has been accumulated under this arrangement by the ...
conedit1 - 29.11.2021 - 16:18
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Relaxation of the Mandatory Conversion Requirement on Service Export Receipts/Proceeds
... banks, during the first six months of year 2022, a total of USD 1,533 mn has been received as service exports receipts, of which USD 406 mn has been converted to Sri Lankan Rupees. The highest monthly service ...
content_manager - 16.08.2022 - 16:11
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Payments and Settlements Systems
... by commercial banks in Sri Lanka. Under the traditional USD dollar cheque/draft clearing mechanism, it took more than three weeks to ... To overcome the lengthy clearing process, LCPL launched USD Draft Clearing System in 2002. As a result, the time taken to clear USD ...
admin - 20.02.2024 - 10:44
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Sale of Subsidiaries, Sub-Subsidiaries and Investment Properties of ETI Finance Ltd
... of the current buyer is not being able to infuse the balance USD 5 mn, ETIF would retain SFSP. In this regard, ETIF is already considering ... release dated 11.02.2019, proceeds of the already concluded USD 54 mn part of the transaction was utilised to repay 20% of the depositors, ...
content_manager - 18.02.2019 - 09:51
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External Sector Performance – October 2022
... in October 2022, whereby earnings from tourism crossed over USD 1 bn during January-October 2022, while workers’ remittances reached about USD 3 bn during January-October 2022. Foreign investment in the government ...
conedit1 - 08.12.2022 - 08:33
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Ajith Nivard Cabraal
... he transformed the Sri Lankan economy from a GDP of USD 24 billion to USD 79 billion, and to being a safe, stable and fast-growing middle income ...
content_manager - 29.09.2021 - 12:54
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Daily Indicative Exchange Rates
... beginning of the business day and the indicative rate of the USD/LKR spot exchange rate (LKR per 1 USD).   ...
admin - 04.04.2023 - 17:44
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Ajith Nivard Cabraal
... he transformed the Sri Lankan economy from a GDP of USD 24 billion to USD 79 billion, and to being a safe, stable and fast-growing middle income ...
admin - 08.04.2022 - 14:23