Economics

Colombo Consumer Prices Dive Deeper into Deflation in November 2024 Amid Fuel Price Cuts

Inflation in Colombo fell further into deflationary territory in November 2024, as anticipated by the Central Bank, with a significant decline in non-food.

  • December 2, 2024
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Finance

Finance Companies Increase Treasury and Repo Investments Amid Vehicle Ban

Sri Lankan finance companies have substantially increased investments in government securities, repurchase agreements (repos), and unit trusts in the first half of 2024,.

  • November 13, 2024
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Forex Market

Sri Lanka Rupee Weakens to 292.60/70 Against Dollar, Bond Yields Fall

Sri Lanka’s rupee opened weaker on Monday, trading at 292.60/70 to the US dollar, compared to 292.50/65 on Friday, according to dealers. Bond.

  • November 11, 2024
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Economics

Private Sector Credit Demand Slows in September, But Remains Resilient

Private sector credit demand showed signs of slowing in September, falling short of the recent high recorded in August, according to data from.

  • November 11, 2024
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Forex Market

Sri Lanka Rupee Opens Weaker at 292.68/75 to Dollar; Bond Yields Drop

Sri Lanka’s rupee opened weaker at 292.68/75 to the US dollar on Friday, reflecting a slight dip from 292.55/65 on Thursday. Meanwhile, bond.

  • November 8, 2024
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Policy and Regulation

New Government Denies Printing of New Currency Notes, Clarifies Fiscal Practices

Minister Vijitha Herath has clarified that the new government has not printed any currency notes or taken loans from foreign institutions. The statement.

  • October 30, 2024
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Economics

Sri Lanka’s Cabinet Spokesman Denies New Currency Printing Amid Rising Liquidity Concerns

Sri Lanka has not printed new banknotes, as confirmed by cabinet spokesman Vijitha Herath, who highlighted the absence of currency notes bearing the.

  • October 29, 2024
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Forex Market

Sri Lankan Rupee Slightly Stronger at 292.85 to Dollar, Bond Yields Steady

Sri Lanka’s rupee strengthened slightly on Thursday, closing at 292.85/293.00 to the US dollar, improving from the previous day’s rate of 293.00/20, according.

  • October 11, 2024
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