Reply To:
Name - Reply Comment
Last Updated : 2024-04-23 20:04:00
In a fresh Banking Act Direction, the Central Bank yesterday informed all licensed banks and National Savings Bank (NSB) to refrain from purchasing Sri Lanka international sovereign bonds (ISBs), with effect from March 23, 2021, until April 9, 2021.
“The Central Bank of Sri Lanka, with a view to easing pressure on the exchange rate and considering the substantial amount of possible/potential outflow of foreign exchange by bank and its impact on banks’ risk management, licensed commercial banks and National Savings Bank are hereby informed to suspend the purchase of Sri Lanka International Sovereign Bonds, with effect from March 23, 2021, until April 9, 2021,” the direction said.
The rupee closed firmer at Rs.198.50/199 levels against the US dollar in one week forward market yesterday, after hitting a new loss of Rs.202/203 levels on Wednesday.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
A recent post on social media revealed that three purple-faced langurs near t