Probability of US March rate hike drops, eyes on Davos
Jan 20, 2016 (LBO) - The probability of a rate hike by the U.S. Fed by March fell to 40 percent with equity markets off to a bad start this year, as focus …
Forex
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Medium term growth prospects for Sri Lanka market: CT CLSA
Jan 12, 2016 (LBO) - The Sri Lankan economy is forecast to grow 6 percent 2016 with fiscal proposals to stimulate manufacturing, export and construction …
An investor to park USD1 bln in dollar deposits, says Finance Minister
Jan 12, 2016 (LBO) - An investor has promised to park 1 billion dollars in dollar deposits in Sri Lanka to help the island nation defend its currency, …
Sri Lanka foreign reserves at USD7.3 bln end Dec
Jan 11, 2016 (LBO) - Sri Lanka’s official foreign reserves was slightly higher at 7. buy vilitra online vilitra online generic 29 billion dollars at the end …
Global equities off to poor start, Brent crude at 11-year low
Jan 07, 2016 (LBO) - Global equity markets are off to their worst start since 2000, with a weaker Chinease yuan sparking concerns about the global economy, as …
Sri Lanka’s CB to remove restrictions on withdrawals from NRFC/RFC accounts
Jan 04, 2016 (LBO) - Sri Lanka's Central Bank is to remove restrictions on foreign currency withdrawals from foreign currency bank accounts by the end of the …
Dollar gains limited in 2016, fund managers look elsewhere
Dec 29, 2015 (LBO) - US Dollar gains are expected to be limited next year compared with the strengthening seen over the last two years after a well-expected …
Sri Lanka foreign reserves rise to USD7.3 bln in Nov
Dec 29, 2015 (LBO) - Sri Lanka's official foreign reserves increased to 7,295 million dollars at the end of November this year, up from 6,480 million dollars …
We are not dictated by IMF policy: Finance Minister
Dec 17, 2015 (LBO) – Sri Lanka’s Finance Minister told Parliament Wednesday that the country has a strong balance of payments environment and rejected …
Fed liftoff largely priced in by emerging markets: ABN AMRO
Dec 15, 2015 (LBO) - A first rate hike by the U.S. Fed in nearly a decade expected this week is largely priced-in and emerging markets may have already seen …
Debt Report: Thin activity in Sri Lanka markets, liquidity surplus dips
Nov 07, 2015 (LBO) - There was thin activity in Sri Lanka's bond market with foreign remittances balancing importer dollar demand in the currency market. …
Single party owns 95 pct of govt securities available to foreign investors
Dec 01, 2015 (LBO) - A single foreign party owns 95 percent of Sri Lanka's government securities available to foreign investors, raising questions about …
Interest rates unchanged after monetary policy meeting
Nov 24, 2015 (LBO) - Sri Lanka's Monetary Board held interest rates unchanged after a monthly policy meeting citing low inflation and a lack of necessity to …
Poll: Sri Lanka market evenly divided on possible US rate change
Nov 19, 2015 (LBO) - Sri Lanka market participants are evenly divided on whether the U. online pharmacy …
Asian stocks open lower with stronger Fed rate hike possibility
Nov 10, 2015 (LBO) - Asian stocks opened lower after global stocks fell on Monday on increased chances of a Fed rate hike this year. Probability that the Fed …
Some dollars flowing back into emerging market bonds
Nov 03, 2015 (LBO) - Despite a slowdown in China which led to selling of emerging market bonds over the last two years, some investors are getting back in, a …
Sri Lanka’s rupee is way over sold, says technical analyst
Oct 28, 2015 (LBO) -Sri Lanka’s rupee which was floated in September is way over sold and won't depreciate further, an analyst said. “The LKR has …
Central Bank holds key interest rates unchanged
Oct 20, 2015 (LBO) - Sri Lanka's Central Bank held key interest rates unchanged on Tuesday after a monthly monetary policy announcement citing low inflation, a …
Rupee strengthens to 140.45/65 on expected dollar inflows
Oct 07, 2015 (LBO) – Sri Lanka’s rupee has strengthened on Wednesday with dollar selling by a commercial bank on likely exporter proceeds and expected …