Restoring forex market stability – would a mere currency devaluation suffice?
On 7th March 2022, the Central Bank of Sri Lanka (CBSL) announced that it would allow greater flexibility in the exchange rate and hence devalued...
Insights
Sri Lanka plantations at a fork in the road, thrive or survive?
Plantation industry is one of the oldest industries in Sri Lanka and plays a pivotal role in bringing foreign exchange earnings to the country...
Budget 2022 | Fiscal weakness to persist next year
In our assessment, for Sri Lanka to achieve meaningful economic outcomes from the budget, far-reaching reforms have to be carried ...
Pandemic to Endemic | Implications for Sri Lankan Economy
Increasingly, many experts feel transitioning to an endemic is a realistic endpoint for the current pandemic. Endemic means the ...
Monthly
Updates
May 2022
The call and repo rates continued to hover at the upper bound of the policy corridor of 14.5%. Call and repo volumes declined to near zero levels...
April 2022
The call and repo rates moved up by 700 bps in April and remained at the new upper bound of 14.5%. The call market volumes ...
March 2022
The call and repo rates moved up in March following a 100-bps increase, and remained marginally under the new upper bound ...
February 2022
The call and repo rates continued to hover marginally below the newly increased upper bound of the policy corridor. The call market ...