Notable
Fed would continue to sell-down mortgage backed securities
Consumer Price Index down for the past three months
The financial account was 1.3 billion dollars in deficit in 2023
We will take it to 270. Then you can buy more for the rupee
Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024
This can either be swaps with domestic banks, but also swaps with other central banks
The salary hike was initially defended on the basis of central bank independence
The Central Bank's salary hike has angered public sector employees
The central bank's accountability to parliament established
Board approval is subject to completing some prior actions and more progress on debt restructuring
A ceiling on Treasury guarantees were raised after the last IMF review
The extension takes place in the context of the still uncertain global economic environment
The central bank made large valuation losses in September
Official remittances are at a five month low
| 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 | - | - |
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
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