Research

Insights
Parallax Image

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...

Monthly Updates
Parallax Image

August 2022

In August, the Central Bank of Sri Lanka opted to maintain the policy rates at their existing levels, since they believed that existing contractionary ...

Lates Post

July 2022

In July, the Central Bank of Sri Lanka opted to raise the policy rates by 100 bps which caused call and repo rates to adjust upwards towards the new upper bound ...

Lates Post

June 2022

The money market rates continued to remain at the same level during the month as call and repo rates continued to hover at the upper bound of the ...

Lates Post

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...