An Echelon Media Company
Monday June 3rd, 2024
Opinion

Creative industries remain an untapped sector in Sri Lanka

They create employment, income, increase export earnings, promote innovation and contribute to societal wellbeing

January 18, 2024 3 min read

Sri Lanka, the Wedding Isle

Every wedding is special for participants and ordinary for the rest of the world.

January 13, 2024 4 min read

Why the IMF is hated now and is backing bad money in Sri Lanka and Latin America

Before the Second Amendment IMF could

December 19, 2023 13 min read

Lanka’s Blue Whale: Eight Evolutionary Stages (Part I)

Science is learning more and more about how these astonishing animals came to exist in the first place

November 15, 2023 10 min read
Sri Lanka should not give standing facilities as lender of first resort: Bellwether

Sri Lanka should impose counterparty limits to liquidity tools and charge a premium

Regional cooperation and PPPs key to developing educational technology in Sri Lanka: IPS

Expanding Ed-tech through partnerships, collaborations, and AI can improve quality education

Sri Lanka set to continue 73 years of monetary instability with pseudo inflation targeting law

The inclusion of extensive macro-prudential laws is an admission that money is bad

Bellwether
March 1, 2023 12 min read

Sri Lanka ports, airports made essential services

A strike planned on March 01

February 28, 2023 1 min read

IMF should approve Sri Lanka deal, devise bi-lateral debt-restructuring clause

IMF should stop the promotion of impossible trinity regimes with spurious claims to monetary policy independence

Bellwether
February 28, 2023 12 min read

How Sri Lanka rejected Singapore monetary advice and politicians, people paid the price

Call from Goh, Shenoy to provide sound money discarded in favour of depreciation, flexible regimes

Bellwether
February 9, 2023 14 min read
2

Sri Lanka central bank caught between peg and hard place

Care should be taken to make sure that excess liquidity does not re-emerge from fictitious capital

Bellwether
January 19, 2023 8 min read

Sri Lanka's economic crisis and COVID-19 pandemic reverses progress in SDGs - IPS

"Financing SDGs has become the biggest challenge for Sri Lanka"

January 13, 2023 8 min read

Call to liberalize Sri Lanka shipping for export competitive economy

Singapore has 5,000 shipping agencies and have 140 shipping lines headquarters

January 4, 2023 4 min read

Sri Lanka’s sorry record on protecting Free Expression

The aragalaya has a lit a lamp for free expression

Arjuna Ranawana
December 30, 2022 10 min read

Sri Lanka's central bank crisis and John Exter's about face on hard pegs: Bellwether

In 1968 with Bretton Woods soft-peg hanging on a thread, advantages of currency board had become clear

December 15, 2022 7 min read
1

Sri Lanka speaker signs constitutional amendment into law

Aims to make the public service more independent

October 31, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 13.93 14.00
Gilt Repo 13.50 14.00
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's tragedy and the lost wisdom of D S Senanayake on money printing

That BOP deficits and reserve losses are caused by money printing is now hidden and victims are blamed

Bellwether
October 24, 2022 9 min read
1

Sri Aurobindo: Mystical Awareness Supplants Production

In India, religion and socialism commingle and collide.

October 7, 2022 35 min read

Confusion over whether Sri Lanka's IMF deal will be presented to parliament

"The cabinet will be briefed very soon once he received all the details."

September 22, 2022 2 min read

Sri Lanka rates elevated amid failed float and DDR fears

Fear of a DDR/IFR event drive rates even higher

Bellwether
September 19, 2022 13 min read

Sri Lanka is wrong to scapegoat expat workers over Undiyal: Bellwether

Indian billion dollar credit line also works Undiyal fashion

Bellwether
July 25, 2022 6 min read
1

Sri Lanka economic recovery, a common minimum program

A series of detailed proposals

July 1, 2022 15 min read

Sri Lanka, world's poor suffers from Fed's accidental discovery: Bellwether

It is through open market operations that money is printed to mis-target interest rates

Bellwether
June 15, 2022 13 min read
1

Sri Lanka's central bank needs accountability and restraint, not independence: Bellwether

The absolute discretion to print money through flexible inflation targeting cum output gap targeting has to be blocked

Bellwether
June 1, 2022 12 min read

Sri Lanka lifts curfew from 0700h to 1400h on May 12

.

May 11, 2022 1 min read

Sri Lanka can trigger food shortages as in medicines with new trade controls: Bellwether

Forcing food importers to use LCs can create food shortages.

April 29, 2022 11 min read