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After running out of reserves, Sri Lanka intervened and sterilized to mis-target rates with borrowed dollars
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Survey reveals deep-rooted Mercantilism and total lack of classical economics
The Monetary Board, with the concurrence of the Minister of Finance, has promoted Mrs. K M A N Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor of the Central Bank of Sri Lanka (CBSL). Mrs. K M A N Daulagala has over 31 years of service at […]
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This currency crisis and banking crisis were originated firstly by policy mis-management from the central bank
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The people who raised their hands when these policies were made are now blaming us
In India, religion and socialism commingle and collide.
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
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No sign of abolishing price controls
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