Notable
central bank essentially earns money to pay salaries essentially from seigniorage
A positive inflation target denies private sector productivity gains to the poor
At the moment the central bank is providing monetary stability seen in the exchange rate and inflation
He urged fellow doctors to ensure a change of attitude to end discrimination by educating other health care staff
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
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
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 inclusion of extensive macro-prudential laws is an admission that money is bad
A strike planned on March 01
IMF should stop the promotion of impossible trinity regimes with spurious claims to monetary policy independence
Call from Goh, Shenoy to provide sound money discarded in favour of depreciation, flexible regimes
Care should be taken to make sure that excess liquidity does not re-emerge from fictitious capital
"Financing SDGs has become the biggest challenge for Sri Lanka"
Singapore has 5,000 shipping agencies and have 140 shipping lines headquarters
The aragalaya has a lit a lamp for free expression
In 1968 with Bretton Woods soft-peg hanging on a thread, advantages of currency board had become clear
Aims to make the public service more independent
We use cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read