Sri Lanka

Payment system risk the priority

The need to mitigate the risk involved in using outmoded payments infrastructure has to be given priority, said Ranee Jayamaha, a deputy governor at the Central Bank of Sri Lanka.

Sri Lanka rebuts IMF report

The Central Bank of Sri Lanka has countered claims, made in an International Monetary Fund report, that poor decision-making has contributed to high inflation in the country.

Sri Lanka's Cabraal on emerging-market growth

Recent trends show that the world economy is no longer overwhelmingly reliant on the advanced economies, noted Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka, in a speech at a recent conference in Karachi.

Sri Lanka's Jayamaha notes IT's impact

The rapid advancement in information and communication technology has had a profound impact on the Sri Lankan banking industry and the wider financial sector over the last two decades, said Ranee Jayamaha, a deputy governor at the central bank.

Sri Lankan deputy on John Exter's legacy

W. A. Wijewardena, the deputy governor of the central bank of Sri Lanka, spoke on Monday about the how the ideas of the central bank's founder, John Exter, remained relevant today.

Sri Lanka's monetary policy review

The Central Bank of Sri Lanka's tight monetary policy has been vindicated as inflation decelerated to 13%, although rises in administrative prices meant there was a risk this could be reversed.

Tight monetary policy in Sri Lanka pays off

The Central Bank of Sri Lanka announced on 25 June that rates will remained unchanged at 10.5%. The central bank also published its regular review of monetary policy on 25 June, noting that improvements in the external and monetary sectors of the economy…

New challenges for central bankers

In this speech, Ajith Nivard Cabraal, governor of the Central Bank of Sri Lanka, says central bankers need to look beyond a single price index in the objectives to ensure economic and price stability.

Central Bank of Sri Lanka redesigns website

The Central Bank of Sri Lanka announced Friday 30 March the launch of its redesigned website. The primary objective of re-designing the website was to present comprehensive information relating to all key functions of the CBSL, with the re-designed site…

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