Category: Forex
Sri Lanka forex inflows rising: Central Bank
Mar 31, 2012 (LBO) – Sri Lanka’s central bank said there had been a “considerable improvement” in foreign exchange inflows in March 2012, amid a caution that it is domestic monetary policy and not inflows that determines an exchange rate. More than 500 million US dollars in foreign investment is expected in the next few […]
Sri Lanka forex reserves down 28-pct in Jan
Mar 27, 2012 (LBO) – Sri Lanka’s forex reserves fell 28 percent to 5,806 million dollars in January 2012, from a peak of 8,098 million US dollars reached in July 2011, around the time a balance of payments crisis started, official data showed. buy antabuse online https://qpharmacorp.com/wp-content/uploads/2023/08/png/antabuse.html no prescription pharmacy The currency board had helped […]
Sri Lanka trims bank forex trading positions
Mar 02, 2012 (LBO) – Sri Lanka has trimmed the level of foreign exchange banks can keep overnight for trading to around a third of an earlier level, a day after curbs was placed in the forward market, dealers said. online pharmacy buy spiriva inhaler with best prices today in the USA buy valtrex online […]
Sri Lanka caps forex forward deals to 90-days
March 01, 2012 (LBO) – Sri Lanka’s central bank has capped forward foreign exchange deals with the rupee to 90 days to reduce speculation Governor Nivard Cabraal said. “It will reduce speculation overall,” Cabraal said. online pharmacy buy spiriva inhaler with best prices today in the USA Sri Lanka reduced interventions in forex markets on […]
Sri Lanka commercial forex loan repayments pile up: report
Feb 26, 2012 (LBO) – Sri Lanka is planning to raise 600 million dollars in commercial debt from the local market in 2012 mostly to roll over existing debt a media report said, not counting a 500 million dollar sovereign bond that also falls due this year. Sri Lanka’s balance of payments had come under […]
Sri Lanka forex reserves slip 12-pct in Sept to US$7.0bn
Dec 09, 2011 (LBO) – Sri Lanka’s foreign reserves slipped 11.8 percent to 7,095 million US dollars by end September from a month earlier, amid defence of a soft dollar peg, official data showed. The trade deficit expanded 93.6 percent to 6.8 billion US dollars. The trade gap is driven by income derived from net […]
Sri Lanka forex interventions to ease, inflows expected: CB Governor
Sept 16, 2011 (LBO) – Sri Lanka’s recent interventions in forex markets which were partly triggered by payments for oil will ease in the future, helped by higher expected inflows, Central Bank Governor Nivard Cabraal said. online pharmacy buy phenergan with best prices today in the USA online pharmacy buy celexa with best prices today […]
Sri Lanka forex reserves US$8.1bn in July
Aug 29, 2011 (LBO) – Sri Lanka’s foreign reserves rose to 8. online pharmacy buy diflucan with best prices today in the USA 1 billion US dollars in July 2011 boosted with the sale of a sovereign bond, up from 7. buy antabuse online https://qpharmacorp.com/wp-content/uploads/2023/08/png/antabuse.html no prescription pharmacy 5 billion US dollars in June, the […]
Sri Lanka hotels mull rupee pricing to avoid exchange rate risk
May 14, 2011 (LBO) – A volatile rupee against the Sterling Pound and Euro has made forward pricing a risky business for Sri Lanka’s tourism sector which wants to price hotels in the local currency to avoid exchange rate risk, a senior executive from John Keells Holdings said. However despite economic problems in the PIG […]
Sri Lanka aims for US10bn forex reserves by 2013
Jan 05, 2011 (LBO) – Sri Lanka is improving its foreign reserves management system with more modern trading systems and practices and aims to build up foreign exchange reserves to over 10 billion US dollars in the next few years, central bank governor Nivard Cabraal said.buy azithromycin online buy azithromycin online no prescription The central […]
Sri Lanka forex reserves fall
Dec 23, 2010 (LBO) – Remittances by migrant Sri Lankan workers rose 22 percent in the first 10 months of 2010 but foreign reserves have fallen slightly after central bank dollar sales, latest data showed. “During the first ten months of 2010, workers’ remittances increased by 21.9 percent to 3,380 million US dollars after adjusting […]
Sri Lanka central bank forex seller in Nov
Dec 06, 2010 (LBO) – Sri Lanka’s central bank sold 89.online pharmacy http://www.kelvintech.com/kelvintech/wp-content/themes/innotech/img/png/flagyl.html no prescription drugstore 05 million US dollars in November to maintain the country’s peg, with the US dollar as credit grew and economic activities picked up, official data show. Excess liquidity in the banking system is still high at 128 billion rupees. […]
