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By A.J.A Abeynayaka The Supreme Court yesterday granted leave to proceed with several fundamental rights petitions seeking legal action against former President Gotabaya Rajapaksa, former Finance Ministers Mahinda Rajapaksa and Basil Rajapaksa, and 36 others for financial irregularities and mismanagement of the economy.The cases were filed by Transparency International Sri Lanka (TISL) and a forme...
Sri Lanka economic crisis aggravated after the collapse of rupee in March 2022
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Interest on several International Sovereign Bonds have been missed.
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A guidance peg announced by Sri Lanka’s central bank for interbank transactions weakened by 14 cents to 360.94 rupees
Sovereign default together with increasing economic challenges poses significant downside risks to DFCC's profitability
Has government securities
[…]The post Impunity In Times Of Uncertainty appeared first on Colombo Telegraph.
We believe the foreign-currency funding and liquidity profile is highly stretched
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
Abans Finance, AMW Capital Leasing and Finance and Richard Pieris Finance Limited on Rating
Senior creditors, central bank obligations to be serviced
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[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
COLOMBO (News1st): The selling rate of the Sri Lankan Rupee hit Rs 193.05 against the US dollar on Wednesday, central bank data show. The latest depreciation of the rupee began last Thursday as its selling rate crossed Rs 190 for the first time since March 24 this year. During the initial outbreak
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
The Central Bank of Sri Lanka says it is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable.
The selling rate of the Sri Lankan Rupee hit Rs 193.05 against the US dollar today (24), central bank data show. The post Sri Lankan Rupee depreciates against the US dollar appeared first on ONLANKA... Click on the headline to read the full story
COLOMBO (News1st): The selling rate of the Sri Lankan Rupee hit Rs 193.05 against the US dollar on Wednesday, central bank data show. The latest depreciation of the rupee began last Thursday as its selling rate crossed Rs 190 for the first time since March 24 this year. During the initial outbreak
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
The Central Bank of Sri Lanka says it is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable.
The selling rate of the Sri Lankan Rupee hit Rs 193.05 against the US dollar today (24), central bank data show. The post Sri Lankan Rupee depreciates against the US dollar appeared first on ONLANKA... Click on the headline to read the full story
COLOMBO (News1st): The selling rate of the Sri Lankan Rupee hit Rs 193.05 against the US dollar on Wednesday, central bank data show. The latest depreciation of the rupee began last Thursday as its selling rate crossed Rs 190 for the first time since March 24 this year. During the initial outbreak
The Sri Lankan rupee strengthened on Thursday as banks sold dollars on stock relatedinflows, dealers said. The rupee closed 1.1 percent firmer at 129.40/70 to thedollar compared with Wednesday's close ...
The Sri Lankan rupee is likely to strengthen toward the end of the year as import volumes cool after months of depreciation, Sri Lanka’s central bank governor said.