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Foreign Sentiment Signals Confidence in Sri Lanka’s Economic Performance and Potential
... primary and secondary market investment in the Colombo Stock Exchange to the tune of USD 9. 6 mnto-date in 2018. In 2017, inflows amounted ... consolidation, prudent monetary policies and a flexible exchange rate which supports the competitiveness of the economy. This should be ...
conedit2 - 03.05.2018 - 16:07
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Bank Communication - FAQs
... For inquiries about the Foreign Exchange; please contact DFE at 011-2477021 How can I make a complaint or ... role in Supervision of Non-Bank financial Institutions Exchange Rate Management in Sri Lanka Monetary Policy in Sri Lanka ...
conedit1 - 12.01.2024 - 10:38
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External Sector Performance - September 2021
... the Bangladesh Bank. Meanwhile, the weighted average spot exchange rate in the interbank market appreciated and stabilised during the ... of shipments of essential imports and guidance on the exchange rate. FULL TEXT Published Date: Monday, ...
conedit1 - 15.11.2021 - 19:37
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The Government Strongly Disputes the Hurried Rating Action by Fitch Ratings
... in all sectors of the economy and imminent foreign exchange inflows. In particular, despite the lockdown measures that had to ... pre-pandemic level of activity. Indices of the Colombo Stock Exchange reached historical highs, with a large number of Initial Public ...
conedit1 - 18.12.2021 - 23:57
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External Sector Performance – August 2022
... a marginal net outflow, while that in the Colombo Stock Exchange (CSE) recorded a marginal net inflow. The Central Bank continued to ... reserves. Meanwhile, the weighted average spot exchange rate in the interbank market remained around Rs. 361 per US dollar ...
tmadmin - 06.10.2022 - 15:48
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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Program
... its effort to rebuild international reserves and maintain exchange rate flexibility to further develop the foreign exchange market. In this regard, the mission and the authorities discussed ...
content_manager - 28.01.2018 - 17:02
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Risks of using and investing in Cryptocurrency
... country. As per the Directions No. 03 of 2021 under Foreign Exchange Act, No. 12 of 2017, Electronic Fund Transfer Cards (EFTCs) such as ...
conedit1 - 29.03.2023 - 14:27
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IMF Reaches Staff-Level Agreement on the Sixth Review of Sri Lanka’s Extended Fund Facility
... back of lower imports and stronger exports supported by the exchange rate correction in late 2018. “Sustaining prudent policies and ... understandings. The CBSL should continue to allow for exchange rate flexibility and limit FX intervention to smooth excess ...
content_manager - 25.09.2019 - 15:34
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Introduction of a Regulatory Framework to Facilitate Foreign Currency Borrowings by Licensed Finance Companies
... or more. CBSL has facilitated the hedging of foreign exchange risk of the loan proceeds through the Licensed Commercial Banks, while LFCs are required to manage the foreign exchange risk of loan interest payments through appropriate derivative ...
content_manager - 16.04.2021 - 19:36
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IMF Reaches Staff Level Agreement with Sri Lanka on Three-Year $1.5 Billion EFF
... while also undertaking measures to help deepen foreign exchange markets and a support a durable transition to a flexible exchange rate regime. Strengthening financial sector supervision and increasing ...
content_manager - 04.10.2018 - 10:29