Central Bank keeps policy rate unchanged amid economic recovery
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.00%,
Continue Reading
ADB to help Sri Lanka sell thematic green bonds, draw social impact investors
The Asian Development Bank will help Sri Lanka sell ‘thematic’ debt securities, taking one step beyond the initial green bonds that have already been sold by some,
Continue Reading
New active credit cards increased to 10,540 in January 2025
New active credit cards in Sri Lanka increased by 10,540 in January this year, the central bank data showed,
Continue Reading
Foreign exchange matching platform debuts in Sri Lanka
New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market
Continue Reading
Worker remittances exceed US$ 1.1mn as of February
Money sent home by Sri Lankans working abroad extended its growth through February,
Continue Reading
SEC and Central Bank warn public of rising investment schemes
The Securities and Exchange Commission of Sri Lanka (SEC) has recently raised concerns about a growing trend of investment schemes promoting offshore market opportunities.
Continue Reading
CBSL begins publishing monthly external sector current account stats
Current account achieves higher surplus of $ 130.2 m in January 2025 compared to $ 81 m a year ago due to improvement in surplus in services and secondary income accounts despite wider trade deficitThe Central Bank of Sri Lanka (CBSL) has begun publishing the monthly external sector current account statistics starting from January 2025.
Continue Reading
CBSL Chief urges banks to tighten controls amidst critical AML/CFT review
Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe urged the banking sector to prepare for Sri Lanka’s third Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) framework evaluation, warning that a negative listing in the assessment could severely undermine the country’s economic progress.
Continue Reading
Sri Lanka foreign exchange earnings rise to US$26bn in 2024
Sri Lanka has earned 26.23 billion US dollars through exports of goods and services, including tourism and labour in 2024, up 12.6 percent from 23.29 billion a year earlier, data from the central bank shows.
Continue Reading
Sri Lanka is on the verge of a major digital transformation as the government accelerates efforts to modernize the economy.
Sri Lanka is on the verge of a major digital transformation as the government accelerates efforts to modernize the economy.
Continue Reading