Category: Forex
Sri Lanka buys US218mn from forex markets in June: CB Governor
June 18, 2009 (LBO) – Sri Lanka’s central bank has bought 218 million US dollars from forex markets so far in June on top of 160 million US dollars bought during the last two months, Central Bank Governor Nivard Cabraal said. Since a float of the rupee in March ahead of an International Monetary Fund […]
Sri Lanka lifts forex forward curbs
May 25, 2009 (LBO) – Sri Lanka’s central bank Monday lifted restrictions on foreign exchange forward contracts imposed late last year amid a balance of payments crisis, allowing the market to act freely, a top official said. The IMF loan has been delayed amid political wrangling from the US in particular, but the lenders said […]
Sri Lanka to review overnight forex trading limits: CB governor
May 19, 2009 (LBO) – Sri Lanka will “review” overnight forex trading positions of commercial banks which were slashed during the height of a balance of payments crisis last year, Central Bank Governor Nivard Cabraal said. The central bank stopped counting dollars advanced to state banks under a tighter reserve classification process ahead of an […]
Sri Lanka central bank net forex buyer in April: official data
May 11, 2009 (LBO) – Sri Lanka’s central bank has bought 37 million dollars from forex markets in April 2009 in the first full month after ‘floating’ the rupee ahead of an International Monetary Fund bailout, the latest official data shows. buy doxycycline online https://qpharmacorp.com/wp-content/uploads/2023/08/png/doxycycline.html no prescription pharmacy online pharmacy buy oseltamivir with best prices […]
Sri Lanka forex interventions reduce in March
April 04, 2009 (LBO) – Sri Lanka has spent only 54 million US dollars defending a rupee peg in March with the island’s central bank selling 127. buy ciprodex online https://salterlewismd.com/wp-content/uploads/2022/08/png/ciprodex.html no prescription pharmacy 5 million US dollars in forex markets but also buying back 73.5 million US dollars, the latest official data show. Sri […]
Sri Lanka negotiating more forex swaps, Jan intervention U$251mn: Central Bank
Mar 02, 2009 (LBO) – Sri Lanka’s central bank says it is negotiating two swap agreements with central banks to boost the country’s flagging foreign reserves, as interventions continue to pressure the rupee. Sri Lanka’s gross official reserves fell to 1,753 million US dollars in December. The latest official data shows that the Central Bank […]
Sri Lanka to review forex curbs in April: Central Bank
Jan 05, 2009 (LBO) – Sri Lanka would review restrictions imposed on foreign exchange use in April 2009, the central bank said as the rupee continued to weaken against the greenback on liquidity injections made by the monetary authority. The central bank tightened limits on overnight trading positions of commercial banks, imposed penal interest rates […]
Sri Lanka exchange rate defence seen as unsustainable
Dec 08, 2008 (LBO) – Sri Lanka’s government cannot afford to defend the rupee peg against the dollar at unsustainable levels, a senior aid agency official said the same day authorities let the rupee move down marginally against the US dollar. buy periactin online https://www.dentalcosmetix.com/wp-content/uploads/2022/08/png/periactin.html no prescription pharmacy To receive instant alerts from LBO on […]
Sri Lanka petroleum utility hedged to save forex: official
Nov 13, 2008 (LBO) – Sri Lanka’s state-run Ceylon Petroleum Corporation hedged its imports after being pushed by the island’s central bank in a bid to save foreign currency reserves of the country, a top official said. online pharmacy buy abilify with best prices today in the USA CPC started hedging in early 2007 after […]
Sri Lanka central bank puts curbs on forex market
Oct 06, 2008 (LBO) – Sri Lanka’ central bank has tightened limits on overnight trading positions of commercial banks, imposed penal interest rates on exporter financing and raised deposit limits on import letters of credit, officials said. The rules were last used in 2001 when Sri Lanka floated the rupee following currency crisis created by […]
Sri Lanka forex markets search for direction after announcement
Oct 30, 2008 (LBO) – Sri Lanka’s forex markets and debt ran out of quotes as dealers searched for direction after the central bank said it was breaking a peg with the US dollar at 108.00 following prolonged intervention lasting over seven weeks. online pharmacy buy strattera with best prices today in the USA buy […]
Sri Lanka forex markets limp back to life
Oct 30, 2008 (LBO) – Sri Lanka’s forex markets limped back to life at 110 rupees to the dollar and edged lower to 111. online pharmacy buy abilify with best prices today in the USA buy naprosyn online https://qpharmacorp.com/wp-content/uploads/2023/08/png/naprosyn.html no prescription pharmacy buy xifaxan online https://www.cappskids.org/wp-content/uploads/2022/08/png/xifaxan.html no prescription pharmacy 35 in late trading after the […]
