Search results
-
The Central Bank of Sri Lanka Further Reduces the Statutory Reserve Ratio
... measures implemented already, including the reduction of policy interest rates by a total of 150 basis points and the reduction of the Bank Rate by 550 basis points. The financial sector is expected to pass the ...
content_manager - 17.06.2020 - 14:08
-
The International Monetary Fund Releases the Sixth Tranche of US Dollars 164.1 Million Under the Extended Fund Facility
... rebuilding reserves, while maintaining a prudent monetary policy stance with greater exchange rate flexibility, and reviving structural reforms. The IMF has also maintained ...
content_manager - 16.05.2019 - 08:43
-
Mr. A. A. M. Thassim
... management of foreign reserves of the country and exchange rate management. Mr. Thassim has also gained experience and knowledge in the ... internal committees including in the areas of monetary policy, financial system stability and international reserves. Prior to the ...
conedit5 - 24.06.2024 - 11:11
-
The Central Bank of Sri Lanka maintains the Overnight Policy Rate (OPR) at the current level
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 28 January 2025, decided to maintain the Overnight Policy Rate (OPR) of the Central Bank at its current level of 8.00 per cent. The Board ...
conedit5 - 29.01.2025 - 11:12
-
IMF Reaches Staff-Level Agreement on the Sixth Review of Sri Lanka’s Extended Fund Facility
... lower imports and stronger exports supported by the exchange rate correction in late 2018. “Sustaining prudent policies and ... of Sri Lanka (CBSL)’s prudent and data-dependent monetary policy approach and their renewed commitment to strengthen reserve buffers in ...
content_manager - 25.09.2019 - 15:34
-
IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Program
... also be underpinned by a well-crafted and high-quality tax policy strategy to raise Sri Lanka’s low tax revenue-to-GDP ratio. Commencing ... to rebuild international reserves and maintain exchange rate flexibility to further develop the foreign exchange market. In this ...
content_manager - 28.01.2018 - 17:02
-
The Central Bank publishes 'Recent Economic Developments: Highlights of 2020 and Prospects for 2021'
... and the Central Bank. Relief measures and large scale policy stimuli were introduced to help businesses and individuals affected by ... a revival of workers’ remittances, a stable exchange rate, and a reasonable level of official reserves. The external sector ...
content_manager - 31.10.2020 - 21:09
-
Olcott Oration 2017
... Evolution of Monetary and Exchange Rate Policy in Sri Lanka and the Way Forward - Dr. P Nandalal Weerasinghe ...
admin - 12.09.2018 - 12:17
-
The International Monetary Fund Releases the Fourth Tranche of USD 251.4 million under the Extended Fund Facility
... while building up reserves and achieving enhanced exchange rate flexibility. The IMF has also maintained the view that the monetary policy must be focused on easing inflationary pressures and high credit growth. ...
content_manager - 27.01.2018 - 16:26
-
The Government and the Central Bank of Sri Lanka Introduce Further Measures to Preserve the Foreign Currency Reserve Position of Sri Lanka
... country, minimizing the existing pressure on the exchange rate and considering the possible negative impact to the Sri Lankan economy due ... pandemic, the Hon. Minister of Finance, Economic and Policy Developments with the recommendation of the Monetary Board of the ...
content_manager - 09.04.2020 - 20:32