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- thesundayleader.lk - Category : Breaking News - Relavancy : 0.13176271

Resumes Reverse Repo Auctions A liquidity crisis in the market forced Central Bank of Sri Lanka (CBSL) to reintroduce the reverse repo auction at Wednesday’s trading, an action which it last resorted to when the war was on; two years ago. The auction was repeated in the last two working days of last week as ...

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.1647034

CBSL’s ER Stance As long as Government of Sri Lanka (GoSL) owned Central Bank of Sri Lanka (CBSL) has sufficient rupee liquidity and foreign exchange (forex) reserves, it can play around with the exchange rate (ER), a banker told this reporter. CBSL’s gross official forex reserves as per available statistics were US$ ($) 8.1 billion ...

- transcurrents.com - Category : Breaking News - Relavancy : 0.09317031

By Dr. S. Narapalasingam The current moves of the powerful government in post-war Sri Lanka are mainly for sustaining the wartime military strength, preventing the resurrection of the smashed LTTE and developing the infrastructures, notably the roads and rail network,...

- yahoo.com - Category : Breaking News - Relavancy : 1.2010044

COLOMBO, Oct 7 (Reuters) - Sri Lanka's gross foreign exchange reserves have risen to a record high, the central bank said on Thursday, thanks to a $1 billion inflow from the island nation's 10-year sovereign bond sale last week.

- thesundayleader.lk - Category : Breaking News - Relavancy : 0.1647034

Fitch Ratings today (21) affirmed Sri Lanka’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B+’, and simultaneously revised the Outlook to ‘Positive from Stable’. Following is the full text published by Fitch on Sri Lanka: Fitch Ratings has today affirmed Sri Lanka’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ...

- itnnews.lk - Category : Breaking News - Relavancy : 1.000837

The Central Bank has said that the remittances made by expatriate Sri Lankans have steadily increased. The foreign Exchange reserves have increased by 3.8 billion US dollars since the country was liberated from terrorism. Financial aid received by people in the North and East, as well as sustained

- yahoo.com - Category : Breaking News - Relavancy : 1.4011718

Sri Lanka may not tap loans from the International Monetary Fund immediately as foreign-exchange reserves have climbed to a record, Deputy Finance Minister Sarath Amunugama said.

- transcurrents.com - Category : Breaking News - Relavancy : 0.13176271

By Rakteem Katakey and John Duce Indian Oil Minister Murli Deora traveled to Nigeria, Angola, Uganda, Sudan, Saudi Arabia and Venezuela this year, leading a record number of delegations to gain oil for the world’s third-fastest-growing major economy....

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