Search results
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Repatriation and Conversion of Export Proceeds: Why are these measures needed?
... in place, were issued in order to strengthen the foreign exchange situation of the country and to dampen speculative activity that caused some excessive volatility in the exchange rate. Since issuing these Rules and Operating Instructions, there have been ...
conedit1 - 24.02.2021 - 09:52
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Monetary Policy Review - No. 2 of 2018
... April 2018, decided to reduce the Standing Lending Facility Rate (SLFR), which is the upper bound of the policy interest rate corridor of ... of the trade deficit. Nevertheless, improved foreign exchange inflows in the form of earnings from tourism as well as workers’ ...
content_manager - 04.04.2018 - 15:23
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Research Conference Proceedings
... Full Text Presentation Spillover of Exchange Rate Misalignment : Case of Nepal from India Suresh Kumar Dahal G. ...
admin - 14.05.2025 - 10:44
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Proposed additional incentive scheme for expatriate workers’ remittances and exporters to be rescinded
... of the Central Bank of Sri Lanka to allow flexibility in the exchange rate, the exchange rate seems to have now reached a level surpassing the level ...
tmadmin - 19.03.2022 - 18:19
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The Central Bank of Sri Lanka Introduces Urgent Measures to Ease the Pressure on the Exchange Rate and Prevent Financial Market Panic due to the COVID-19 Pandemic
... 58 of 1949, the Banking Act No. 30 of 1988, and the Foreign Exchange Act No. 12 of 2017, the Central Bank of Sri Lanka introduced several measures to ease the pressure on the exchange rate and prevent financial market panic due to the COVID-19 pandemic. ...
content_manager - 20.03.2020 - 11:39
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About the Bank- Overview
... monetary policy of the CBSL and implements a flexible exchange rate regime in line with the flexible inflation targeting framework in order to ...
admin - 24.04.2025 - 11:25
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External Sector Performance – February 2022
... in February 2022. Foreign investment in the Colombo Stock Exchange (CSE) recorded a net inflow during the month. The weighted average spot exchange rate in the interbank market hovered around Rs. 202 per US dollar during ...
tmadmin - 15.05.2022 - 14:35
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IMF Approves USD 1.5 Billion Extended Fund Facility for Sri Lanka
... is expected to be disbursed in April 2019. The interest rate applicable on the EFF, the basic rate of charge is equivalent to the SDR ... help dampen the pressure on the BOP and the domestic foreign exchange market. In particular, greater flexibility was allowed in the ...
content_manager - 27.09.2018 - 11:50
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Monetary and Financial Sector Policies for 2023 and Beyond
... selected foreign debt was announced amidst the dire foreign exchange shortage while initiating measures to consolidate public debt with the ... 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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The Central Bank of Sri Lanka Significantly Tightens its Monetary Policy Stance to Stabilise the Economy
... 2022, decided to increase the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank ... build-up of aggregate demand, domestic supply disruptions, exchange rate depreciation and the elevated prices of commodities globally, was ...
tmadmin - 09.04.2022 - 12:30