#CBSL
Sri Lanka’s fuel import bill surges 62% to $4.07 billion
By The Pulseline News Desk Sri Lanka’s fuel import bill has surged by 61.6% to $4.07 billion during the first eight months of...
No shortcuts to building Sri Lanka’s foreign reserves, says CBSL Governor
By The Pulseline News Desk Sri Lanka cannot rebuild its foreign exchange reserves by printing money, distorting markets or piling up foreign debt,...
Foreign investors pull $ 13.9 million from Sri Lanka bonds as rupee weakens
By The Pulseline News Desk Foreign investors have sold nearly $ 13.9 million worth of Sri Lanka government securities in the week ending...
COPF questions Central Bank over NDB fraud, internal audit failures
By The Pulseline News Desk Sri Lanka’s parliamentary oversight of the financial sector came under renewed focus this week after the Committee on...
Missing millions: COPF probe reveals 10 debt payments that had gone astray
By The Pulseline News Desk Sri Lanka’s fragile fiscal recovery has come under renewed scrutiny following revelations that millions of dollars in government...
Disconnect between Sri Lanka’s record tourist arrivals and low tourism earnings
Serious concerns were raised in Parliament yesterday (21) over the growing disconnect between Sri Lanka’s record tourist arrivals and the weak flow of...
The case for bigger and stronger banks
By Dinesh Weerakkody When the recent cyclone disrupted livelihoods, supply chains, and regional economies, banks were once again expected by those affected to...
Central Bank fines seven firms for anti-money laundering lapses
The Central Bank of Sri Lanka (CBSL) has imposed a combined Rs. 9.5 million fine on seven companies, including two banks, two non-bank...
