Search results
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External Sector Performance - February 2021
... facility of US dollars 400 million obtained from the Reserve Bank of India in July 2020 was repaid in February 2021 upon maturity. Net ... foreign exchange market eased the pressure on the exchange rate during the month and the regulatory measures enabled the Central Bank to ...
content_manager - 17.04.2021 - 19:36
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Central Bank Resolves Four Insolvent Financial Institutions to Protect Depositors and Promote the Financial System Stability
... considered resolution issues pertaining to a number of non-bank financial institutions in the context of relevant legal provisions in the ... 2017 over a reasonable period of time with a fair interest rate during this repayment period. In the case of the three finance ...
content_manager - 29.01.2018 - 11:29
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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform Program
... D.C. during the Spring Meetings of the IMF and World Bank. “Overall, macroeconomic performance in the second half of 2016 was ... rebuilding international reserves and maintaining exchange rate flexibility. In this regard, the mission and the authorities discussed IMF ...
content_manager - 31.01.2018 - 15:17
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External Sector Performance - June 2023
... The receipt of around US dollars 250 million from the World Bank for the budgetary support, elevated the gross official reserve level (GOR) ... in June 2023, reflecting the determination of the exchange rate by market forces. FULL TEXT Published Date: ...
conedit1 - 03.08.2023 - 08:16
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IMF Executive Board Completes the Sixth Review of Sri Lanka’s Extended Arrangement under the Extended Fund Facility
... be critical to reduce fiscal risks.” “The Central Bank of Sri Lanka should maintain a data dependent monetary policy. The new ... to protect the economy against shocks, allowing for exchange rate flexibility in the event of market pressures.” “Sri Lanka has made ...
content_manager - 04.11.2019 - 12:18
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Monetary and Financial Sector Policies for 2023 and Beyond
... setback for the nation. The Government and the Central Bank were compelled to implement painful, but unavoidable policy measures ... unrest to a greater extent. Meanwhile, exchange rate stability was restored by a consultation process with market participants, ...
tmadmin - 04.01.2023 - 19:54
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External Sector Performance - June 2022
... a marginal net outflow during June 2022. The Central Bank continued to provide forex liquidity to finance essential imports, ... reserves. Meanwhile, the weighted average spot exchange rate in the interbank market remained around Rs. 360 per US dollar during the ...
conedit1 - 01.08.2022 - 09:44
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Recent Economic Developments: Highlights of 2018 and Prospects for 2019
The Central Bank of Sri Lanka today released its half yearly publication - “Recent ... activities. Meanwhile, an increase in the unemployment rate was observed during the first half of 2018. Consumer price inflation has ...
conedit2 - 31.10.2018 - 11:08
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External Sector Performance – August 2022
... Exchange (CSE) recorded a marginal net inflow. The Central Bank continued to provide forex liquidity to finance essential imports, ... reserves. Meanwhile, the weighted average spot exchange rate in the interbank market remained around Rs. 361 per US dollar during the ...
tmadmin - 06.10.2022 - 15:48
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Q & A on The Finance Company PLC
... not adequate to continue the company and therefore Central bank of Sri Lanka had to intervene and take regulatory actions to support the ... due for deposits on monthly basis at CBSL specified interest rate. 4.2. Restrict the withdrawal of ...
conedit1 - 25.04.2019 - 10:48