However , it is learnt that the International Monetary Fund has urged Sri Lanka to refrain from using foreign reserves to defend the rupee. Since early …
May 192018
Apr 162018
Sri Lanka’s Central Bank (CB) on Monday alerted the public to the dangers of dabbling in cryptocurrencies which it said “may pose significant risks in terms of financial, operational, legal, customer protection and security related risks to their users as well as to the economy”. In a public announcement, …
Apr 032018
Apr 04, 2018 (LB0) – Sri Lanka’s central bank has decided to reduce the Standing Lending Facility Rate (SLFR), which is the upper bound of the policy interest rate corridor of the Central Bank, by 25 basis points, a statement said. The Monetary Board was of the view that the favourable developments in …
Mar 232018
UNP MP Ravi Karunanayake yesterday slammed the Central Bank saying it was responsible for the bond scam and the present economic crisis. “The President, Prime Minister, the former president and the politicians are blamed for the economic crisis but no …
Dec 282017
Dr. Weerasinghe said that he had met the Paypal CEO during a recent conference in Singapore, and they had discussed the possibility of Paypal conducting a feasibility study again. Mirror Business reliably learned that a Paypal team may be visiting Sri …
Nov 062017
The Central Bank of Sri Lanka last week noted that the employment statistics compiled by the Census and Statistics Department (DCS) had undergone …
May 092017
How can a foreign citizen without taking the oath of loyalty to the country function as the CB governor and continue to sign Sri Lanka’s currency notes,” …