New coin series to be issued into circulation from next week
Nov 28, 2018 (LBO) – Central Bank of Sri Lanka issued a new series of circulation coins with face values of Rs.10, Rs.5, Rs.2 and Rs.1 with objectives of …
Nov 28, 2018 (LBO) – Central Bank of Sri Lanka issued a new series of circulation coins with face values of Rs.10, Rs.5, Rs.2 and Rs.1 with objectives of …
Nov 27, 2018 (LBO) - The Finance Ministry issuing a statement denied any illegal instruction given by the Minister of Finance to the Sri Lanka Customs to …
Nov 23, 2018 (LBO) - The Sri Lanka rupee dropped to a low of 180.66 against the US dollar following a political crisis, which began a month earlier in the …
Nov 21, 2018 (LBO) - The International Monetary Fund (IMF) loan facility to Sri Lanka, approved in mid-2016, has been put on hold due to the islands …
Nov 20, 2018 (LBO) – Moody's Investors Service has downgraded the Government of Sri Lanka's foreign currency issuer and senior unsecured ratings to B2 from …
Nov 15, 2018 (LBO) - There are some positive signs with FDI and exports probably going to be record numbers this year and we envisage Sri Lanka's growth to be …
Nov 14, 2018 (LBO) - Political uncertainty will not have an impact on Sri Lanka's debt repayment preparations for 2019, the Central Bank Governor said. …
Nov 14, 2018 (LBO) – Supported by the receipt of the foreign currency term financing facility of 1 billion US dollars by the government, gross official …
Nov 07, 2018 (LBO) – Sri Lanka’s Central Bank on Wednesday rejected newspaper articles published about the increased money printing by the Central Bank in …
Oct 26, 2018 (LBO) – Sri Lanka’s Parliament on Friday passed a resolution to raise up to 310 billion rupees by way of loans, in or outside Sri Lanka under …
Oct 17, 2018 (LBO) – Sri Lanka has secured 1,000 million US dollars from the China Development Bank (CDB) under the Foreign Currency Term Financing Facility …
Oct. 15, 2018 (LBO) - FMO, a Dutch Development Bank recently arranged a US 50 million dollar syndicated loan for Nations Trust Bank (NTB) in Sri Lanka. The …
Oct 12, 2018 (LBO) – Sri Lanka’s Central Bank has introduced a National Quick Response (QR) Code Standard for local currency payments with the aim of …
Oct 12, 2018 (LBO) – Central Bank says the allegations made by former Governor Nivard Cabraal in a recent newspaper article that the Central Bank has …
Oct 11, 2018 (LBO) - A large gathering of Institutional Investors based in London showed a keen interest in investing in Sri Lankan equities while attending …
Oct 10, 2018 (LBO) - Global finance and reserve bank chiefs will gather this week in Bali, Indonesia for the annual gathering of the International Monetary …
Oct 05, 2018 (LBO) - Special attention was drawn at a discussion regarding the promotion of Sri Lanka’s export sector and managing the devaluation of the …
(PRESS RELEASE) - Sri Lanka's M Power Capital Limited (MPC) initially focused on mergers and acquisitions, other corporate finance advisory mandates and …
Oct 02, 2018 (LBO) - As per the Appropriation Bill, which was presented to the Cabinet recently by Finance and Media Minister, Mangala Samaraweera, next …
Oct 02, 2018 (LBO) – Sri Lanka’s Central Bank says the country currently has 7.3 billion US dollars worth foreign reserves and expects to close this year …