Notable
Providing equal employment opportunities for men and women can enable South Asia to enhance incomes by 25%.
In South Asia, women face similar hurdles when breaking into the male-dominated political arena
Sri Lanka should impose counterparty limits to liquidity tools and charge a premium
Expanding Ed-tech through partnerships, collaborations, and AI can improve quality education
Every time the US engaged in bad policy Sri Lanka was hit
Tax slabs should keep pace with inflation, dependent allowances should be considered
Deficits do not rise much in the year that a currency crisis is triggered, but in the stabilization year
Targeting GDP with easy money dates back to Scottish Mercantilist John Law and fully flexible policy to James Steuart.
Our police correspondent examines the crisis in the department
High direct tax rates, capital consumption taxes, are not a substitute for monetary stability
.
Marxist Critic of Gandhi Becomes an Adherent, But Finally Finds Transformational State Power Indispensable
Countries where inflationists cannot engage in macro-economic policy with money printing have low debt
Law will arbitrate on the truth or otherwise of various statements published online
It is a shame that country with a 20-pct savings rate cannot maintain reserves and has to depreciate the currency
| 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 | - | - |
The amendment was published on the government gazette on July 17
If parliament rubber stamps a 4-6-pct inflation target, a second default is more certain
The new central bank goal and objective are a personification of the impossible trinity of monetary policy objectives
Reserves can be collected by impoverishing the poor, or by taking in their savings
Sri Lanka rupee appreciation explained
From his axiom of ahimsa (non-violence), Gandhi derives two promising themes...
Mass sovereign default episode in the 1980s also followed a decade of bad money from the Fed
Converted budget support loans and conflicting PCs can lead to new external instability, discredit and derail reforms
There’s nothing ‘mad’ about March
The new law appears to have brought back policy conflicts dropped in a previous amendment
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