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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...
- Supreme Court grants leave to proceed against GR, MR, Basil and other VIPs (Category: Breaking News)
- Economic crisis: Patali calls for punitive action against errant politicians, officials (Category: Breaking News)
- Sumanthiran: Rajapaksas have enough money to compensate 22 million Sri Lankans (Category: Breaking News)
- Sri Lanka’s top court allows case against ex-president, top officials over currency crisis (Category: Breaking News)
Sri Lanka economic crisis aggravated after the collapse of rupee in March 2022
- Travel ban sought on ex-Sri Lanka PM, Basil, Lakshman, Cabraal, Attygalle (Category: Breaking News)
- Supreme Court grants leave to proceed against GR, MR, Basil and other VIPs (Category: Breaking News)
- Gotabaya, Mahinda, Basil and 36 others to face legal action? (Category: Breaking News)
- Supreme Court finds Rajapaksa brothers guilty over economic crisis (Category: Breaking News)
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- ‘Make The Economy Scream’: Whither The Asian 21st Century? (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
Interest on several International Sovereign Bonds have been missed.
- S&P downgrades two Sri Lanka sovereign bonds to ‘D’ (Category: Breaking News)
- S&P lowers Sri Lanka’s sovereign rating to Select Default grade (Category: Breaking News)
- S&P marks Sri Lankan bonds as ‘default’, deepening junk status (Category: Breaking News)
- Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’ (Category: Breaking News)
[…]The post The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless appeared first on Colombo Telegraph.
- Commission Of Inquiry: Testify At Your Own Peril (Category: Breaking News)
- Kapila Jayasekera: Killer-In-Chief In Both ACF & Five Students Cases (Category: Breaking News)
- Looking To The Past: The Political Cultivation Of An Obliging Judiciary To Violate Rights (Category: Breaking News)
- Antics Of Rajapaksa’s Viceroy In The Volatile North (Category: Breaking News)
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
- Sri Lanka’s Bank of Ceylon downgraded to RD (Category: Breaking News)
- Sri Lanka’s NDB downgraded to ‘A(lka)’ amid soft-peg collapse (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
- Sri Lanka Singer Finance downgraded, four on rating watch: Fitch (Category: Breaking News)
Has government securities
- Fitch revises NDB’s outlook to negative but affirms AA rating (Category: Business)
- NDB’s bottom line tops Rs. 1 b in 1H (Category: Business)
- Sri Lanka DFCC Bank rating watch negative kept in soft-peg collapse: Fitch (Category: Breaking News)
- NDB’s PAT Up 115% (Category: Breaking News)
[…]The post Impunity In Times Of Uncertainty appeared first on Colombo Telegraph.
- Kapila Jayasekera: Killer-In-Chief In Both ACF & Five Students Cases (Category: Breaking News)
- Ranil Wickremesinghe’s Democratic Credentials? A Test, A Challenge! (Category: Breaking News)
- Commission Of Inquiry: Testify At Your Own Peril (Category: Breaking News)
- The ACF Commission: To Exorcise Ghosts Of Truth That Continued To Haunt Regardless (Category: Breaking News)
We believe the foreign-currency funding and liquidity profile is highly stretched
- Fitch rates BOC’s Subordinated Debt ‘AA(lka)’ (Category: Breaking News)
- Good early demand for BOC’s historic $ 500 m bond (Category: Business)
- Fitch Assigns BOC’s USD Senior Notes Final ‘BB-’ Rating (Category: Breaking News)
- Sri Lanka DFCC Bank rating watch negative kept in soft-peg collapse: Fitch (Category: Breaking News)
Views of Milton Friedman, Robert Mundel and how John Greenwood and Alan Walters set up the Hong Kong currency board
- Milton Friedman’s views on currency boards explained by Hanke amid Sri Lanka soft-peg crisis (Category: Breaking News)
- Sri Lanka continues to soft-peg in May intervening in both directions (Category: Breaking News)
- Sri Lanka central bank deep in debt, dollar shortages at ‘guidance’ rate : Wijewardena (Category: Breaking News)
- Sri Lanka rates elevated amid failed float and DDR fears (Category: Breaking News)
Abans Finance, AMW Capital Leasing and Finance and Richard Pieris Finance Limited on Rating
- Fitch downgrades long-term ratings of 10 Sri Lankan Banks (Category: Breaking News)
- Fitch affirms rating on 15 Sri Lankan Banks – Removes Watch Negative (Category: Breaking News)
- Sri Lanka’s Bank of Ceylon downgraded to RD (Category: Breaking News)
- Fitch Revises Commercial Leasing’s Outlook to Negative (Category: Breaking News)
Senior creditors, central bank obligations to be serviced
- Sri Lanka to officially present IMF deal, debt restructuring plans to creditors tomorrow (Category: Breaking News)
- Sri Lanka has miles to go for IMF debt relief and salvaging the payments crisis (Category: Breaking News)
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- A survival strategy amidst geopolitical rivalry (Category: Breaking News)
[…]The post A Prescription For Prime Minister Ranil Wickremesinghe appeared first on Colombo Telegraph.
- The National List & The House Of Duds (Category: Breaking News)
- The Govt.’s ‘Independents’ & The Vote On The Opposition’s NCMs (Category: Breaking News)
- Important But Imperfect: Recommendations On The Draft 21st Amendment To The Constitution Bill (Category: Breaking News)
- Is Unelected President Ranil A Vicious Hypocrite? (Category: Breaking News)
[…]The post Masks Of Democracy & Energy Geopolitics: Is Full Spectrum Dominance The Endgame? appeared first on Colombo Telegraph.
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
[…] The post Lack Of Accountability, Ability & Credibility appeared first on Colombo Telegraph.
- Changing Pillows To Cure Headaches: Concepts, Solutions & Actions (Category: Breaking News)
- President Must Resign Now! (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
[…] The post A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War appeared first on Colombo Telegraph.
- Ripples In The Indian Ocean: Yuan Wang 5 & Easter Sunday 2019 (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Gota Back In The USA & A Chilling Killing: Welcome To 2023 A (Virtual) Realty In A Post-Truth Wo... (Category: Breaking News)
- IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank (Category: Breaking News)
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
- Rupee weakens against USD (Category: Breaking News)
- Sri Lankan Rupee further depreciates against US Dollar (Category: Breaking News)
- Sri Lankan rupee further appreciates against US dollar (Category: Breaking News)
- Sri Lankan rupee appreciates further against USD (Category: Breaking News)
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
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
- Rupee weakens against USD (Category: Breaking News)
- Sri Lankan Rupee further depreciates against US Dollar (Category: Breaking News)
- Sri Lankan rupee further appreciates against US dollar (Category: Breaking News)
- Sri Lankan rupee appreciates further against USD (Category: Breaking News)
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
The Sri Lankan Rupee has fallen to a record low as per the daily exchange report of the Central Bank of Sri Lanka (CBSL).
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
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
- Rupee weakens against USD (Category: Breaking News)
- Sri Lankan Rupee further depreciates against US Dollar (Category: Breaking News)
- Sri Lankan rupee further appreciates against US dollar (Category: Breaking News)
- Sri Lankan rupee appreciates further against USD (Category: Breaking News)
Treasury expectsinflation to fall below 9% after September Annual inflation eased due to drop in food prices: CB Reuters: Sri Lanka’s inflation rate in September eased to 9.1% from a year earlier, moderating further from July’s near-record high as food prices fell. Analysts polled by Reuters had expected annual inflation to ease to 9.2% from ...
- November annual inflation eases to 4.7% (Category: Business)
- Rupee fall drives inflation to 41-month high (Category: Business)
- Oct inflation down on improved supply (Category: Business)
- Inflation seen at 42-month high in July (Category: Business)
The Sri Lankan rupee strengthened yesterday as banks sold dollars on stock related inflows, dealers said.
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