Sri Lankan rupee sinks further; share prices dip over security worries
Oct 17, 2006 (LBO) - Sri Lankan rupee sank further breaching the 107. buy flagyl online rxxbuynoprescriptiononline.com/dir/flagyl.html no prescription 00 mark …
Economy & Markets
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Sri Lanka opens government bond market to foreign investors
October 16, 2006 (LBO) - Sri Lanka has decided to liberalise its capital account by throwing open the government bond market to foreign investors, the Central …
Sri Lanka’s central bank governor recruits more assistants
October 16, 2006 (LBO) – Sri Lanka's Central Bank has promoted four senior staff officers to the post of Assistant Governor from Oct. 11, the bank said …
Sri Lanka central bank talks up rupee, as the currency comes under renewed pressure
October 15, 2006 (LBO) - Sri Lanka's central bank is talking up the rupee ahead of market opening on Monday, as the currency came under heavy pressure, despite …
Sri Lanka’s Budget 2007 to focus on infrastructure, generate more savings; Treasury
October 14, 2006 (LBO) – Sri Lanka’s President Mahinda Rajapakse is due to present the 2007 budget on Nov. 14, which will focus on infrastructure …
Sri Lankan rupee ends all time low; share prices edge up
October 13, 2006 (LBO) - Sri Lankan rupee closed to a lifetime low Friday, on heavy demand by imports to settle trade bills, while share prices rose as …
Sri Lankan rupee hits a record low; exports still competitive: Central Bank
October 12, 2006 (LBO) - The Sri Lankan rupee fell to a lifetime low Friday, depreciating just over 3-percent in value against the U.S. dollar, but the Central …
Sri Lanka’s Central Bank freezes key interest rates
October 12, 2006 (LBO) - Sri Lanka's central bank held rates steady at its October monthly monetary meeting, two weeks after an ad hoc rate rise of 50 basis …
Sri Lanka’s treasury bill rates rise by 50 basis points; speculation of a rate hike
October 11, 2006 (LBO) - Sri Lanka’s borrowing costs went up half a percentage during the weekly treasury bill auction Wednesday, sparking speculation …
Sri Lanka’s trade deficit expands 52.4%; worker remittances top US$1.5bn
October 11, 2006 (LBO) – Sri Lanka's trade deficit expanded 52.4 percent to 2,400 million dollars for the eight months to August, compared with the same …
Fitch retains SLTs BB- rating; estimates court ruling to cost Rs 3.0 bn
October 11, 2006 (LBO) - Fitch Ratings affirmed Sri Lanka Telecom’s foreign currency debt as 'BB-' negative outlook, while the telco’s local …
Sri Lanka’s first LKR2,000 note to debut on Oct. 17
October 9, 2006 (LBO) - Sri Lanka plans to issue its maiden 2,000 rupee note on October 17, to keep pace with island’s galloping inflation, the central …
Sri Lanka plans to spend more and borrow further next year
October 5, 2006 (LBO) – Sri Lanka plans to spend more and borrow further next year as expenses for defence hardware and fuel related subsidies escalate. …
Sri Lanka halves foreign investment targets
October 3, 2006 (LBO) – Sri Lanka may miss its ambitious target of attracting a billion dollars in foreign investments and instead end the year with …
Sri Lanka logs 8.0% growth Jan-Sept: Treasury Secretary
October 3, 2006 (LBO) – Sri Lanka's economy has beaten most forecasts to lodge a 'near' 8.0 percent growth for the first nine months, the secretary of …
Fitch rates The Finance Company’s Rs500 mn debentures BBB-(lka)
Sept 29, 2006 (LBO) - The Finance Company Ltd (TFC) gets ‘BBB- (lka)’ national long-term rating from Fitch for its upcoming 500 million rupee …
Fitch affirms NDBs AA(lka) rating post merger with NDB Housing
Sept 29, 2006 (LBO) - Fitch Ratings Lanka Friday affirmed its AA (lka) rating for NDB Bank following its merger with NDB Housing Bank. NDB tookover the assets …
Sri Lanka’s inflation hits 15.4% in September
September 29, 2006 (LBO) – Consumer prices in Sri Lanka rose to 15.4 percent in Sept from 15.3 percent in August, the Census & Statistics Dept said …
Sri Lanka starts work on compiling single set of national accounts
September 29, 2006 (LBO) – Two key agencies that prepare Sri Lanka’s national accounts, are working towards compiling a single set of numbers, to …
Sri Lanka’s Central Bank hikes short term interest rates by half a percent
September 28, 2006 (LBO) - Sri Lanka’s Central Bank Thursday hiked short term rates by 50 basis points, two days after shutting the bank’s …