Notable
In our expectation it will remain around 4-5 percent in the next 12 to 18 months
Para tariffs to be phased out
Gross official reserves went up by 431 million US dollars in March as debt was repaid from domestic savings
I do not think there will be huge volatility, based on the data that is available at the moment
The rupee sharply appreciated in March and early April
Sri Lanka has large volumes of swaps, including with domestic counterparties
Ground mounted wind is given 43 rupees for plants below 10 MW
All offered 160bn in bills sold
Bond yields were flat ahead of a bill auction later on Wednesday
Party leaders claim salary hike insensitive and parliament has ultimate control
Time given till March 2022 for intervenient petitioner for a reply if any
The gross position grew from 2,263 million dollars to 3,280 million US dollars over the year
Legislators have questioned steep salary hikes to central bank officials
Food prices were down 1.6-pct over 17-months despite VAT hike
The discourse has been so far one sided
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
Made a request through President to explain
Many central banks release minutes of their monetary policy meetings to ensure transparency
There had been no such negotiation or an ask for a lower rate
When you look at investment criteria the go 'go no go decision' is not made because of tax holiday
Amid monetary stability provided by deflationary policy, the economy has started to recover and interest rates to fall
Fall of market interest rates has been slow compared to the central bank's policy rate cuts
Monetary and macroprudential policies need to be tightened to ensure compatibility with the exchange rate peg
Commercial Banks collect US$3.2bn net and central bank, $1.69bn net
State-run banks gave billions of dollar loans to the CPC as forex shortages emerged from inflationary rate cuts
Appointments take effect from January 22
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