US$ 500 million loan to Sri Lanka from Reserve Bank of India : Details released
The Reserve Bank of India (RBI) has issued a notification to operationalize the US$ 500 million loan to Sri Lanka for Petroleum produc...Read More
Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Central Bank further tightens monetary policy stance
The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to increase the Standing Deposit Facility Rate (SDFR) and the Stand...Read More
Euro holds gains after hopes of easing in Ukraine tensions
HONG KONG : The euro held on to overnight gains in early Asian trade on Wednesday having jumped on reports that some Russian forces had mo...Read More
Cabinet sub-committees appointed to discuss imports with 3 countries
File Photo- Imports Three separate Cabinet Sub-Committees have been appointed to identify alternative methods for the importation of ess...Read More
China's economy grew 8.1% in 2021 but slowed in Q4
BEIJING: China's economy grew 4.0 per cent in the fourth quarter from a year earlier, faster than expected but its weakest expansion i...Read More
Cabraal reveals how much money Sri Lanka printed in 2021
Central Bank Governor Ajith Nivad Cabral says Sri Lanka printed nearly Rs 1,400 billion money in year 2021. Earlier this week, Govern...Read More
Sri Lanka’s imports increased in 2021 – Cabraal
Sri Lanka’s import expenses increased to US$ 21.6 billion in 2021, Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal has...Read More
CSE on the brink of Rs. 5 trillion market cap milestone
The Colombo bourse is on the brink of achieving a significant milestone of Rs. 5 trillion closing market capitalisatio...Read More
US stock futures, oil regain some ground after Omicron battering
Asian markets regained a little composure on Monday as investors settled in for a few weeks of uncertainty on whether the Omicron variant ...Read More
CB Chief confident economic crisis will ease by January
• Tourism Minister Prasanna Ranatunga requests CB Chief to extend concessions granted to tourism sector • CB Governor says Rs. 4,100 b...Read More
Asian shares on edge as US bond yields rise, oil volatile
HONG KONG : Share markets were jittery in early Asia on Wednesday as trading was buffeted by a step-up in U.S. Treasury yields as well as...Read More
Sri Lanka seeks US$ 500 million emergency loan from India- Lankadeepa
The Government has decided to obtain an emergency loan of US$ 500 million from India to import fuel...Read More
China overtakes US as world’s richest nation as global wealth surges
Net worth worldwide rose to $514 trillion in 2020, from $156 trillion in 2000, according to the study. China accounted for almost one-third...Read More
Government taking swift measures to revitalize economy – Prasanna Ranatunga
Tourism Minister Prasanna Ranatunga said yesterday that the primary cause of the prevailing downfall of the economy is the COVID-19 pandemic...Read More
The global economy's 2020 hangover is far from over
It's almost 2022, but 2020 isn't done with us yet. Despite good news about Covid-19 vaccinations, a solid economic rebound and ...Read More
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