S L exchange rate to be flexible, but not so volatile: CB Governor
Sri Lanka’s central bank is not for a fixed exchange rate, but a much more ‘predictable’ regime, where investors can take positions, Central Bank Governor Nandalal Weerasinghe said.
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Sri Lanka credit growth reflects economic recovery
Sri Lanka’s steady credit growth has been reflecting the country’s economic recovery, Central Bank Governor Nandalal Weerasinghe said.
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SMEs urged to apply for CBSL relief measures before 31 March deadline
The Central Bank of Sri Lanka (CBSL) this week urged borrowers to avail themselves of relief measures introduced to support small and medium-sized enterprises (SMEs) before the March 31, 2025 deadline.
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No need to raise funds from global debt markets even in 2028: CB Governor
Can regain access possibly in two years Debt-for-Nature Swaps preferred over Green Bonds
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Standard Chartered group to exit wealth & retail banking business in SL
Standard Chartered Group, as a part of its strategy, said it is exploring the sale of its Wealth & Retail Banking (WRB) business in Sri Lanka, subject to regulatory approvals.
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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%,
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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,
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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,
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Foreign exchange matching platform debuts in Sri Lanka
New initiative to enhance price discovery, promote greater transparency and efficiency in domestic FX market
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Worker remittances exceed US$ 1.1mn as of February
Money sent home by Sri Lankans working abroad extended its growth through February,
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