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The Central Bank of Sri Lanka is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949, it is a government owned semi-autonomous body, and following the amendments to the MLA in December 2002, is governed by a five-member Monetary Board, comprising the Governor as chairman, the Secretary to the Ministry of Finance and Planning, and three members appointed by the President of Sri Lanka, on the recommendation of the Minister of Finance, with the concurrence of the Constitutional Council.
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International :
Central Bank of Sri Lanka reduces key rates
Colombo, June 1 The Monetary Board of the Central Bank of Sri Lanka (CBSL) decided to reduce the ... ...
International :
Sri Lanka's central bank ready to adopt IMF programme within March
Colombo, March 4 The Central Bank of Sri Lanka (CBSL) has said that it was ready to adopt ... ...
Politics :
Sri Lankan foreign workers send more money home in September
Colombo, Oct 9 The remittances sent by Sri Lankan foreign workers abroad increased by 10 per cent in ... ...
International :
Staff-level agreement with IMF to be reached soon: SL central bank
Colombo, Aug 31 Central Bank of Sri Lanka (CBSL) Governor Nandalal Weerasinghe said the country has made good ... ...
International :
Sri Lanka to take action against violators of forex laws
Colombo, Aug 1 The Central Bank of Sri Lanka (CBSL) has warned that companies and individuals that do ... ...
Technology :
Sri Lanka warns public not to use cryptocurrencies amid economic upheaval
Colombo, July 13 The Central Bank of Sri Lanka has warned the public from using cryptocurrencies amid the ... ...
International :
China's 'deceitful' currency swap with Sri Lanka worth USD 1.5 billion
Sri Lanka is reeling under a severe economic crisis and one of the reasons for it was the "deceitful" Chinese currency swap with Sri Lanka worth USD 1.5 billion. ...
International :
India extends credit line, fuel, food to bail Sri Lanka out of economic crisis
Sri Lanka is reeling under a deep economic crisis as the country's foreign reserves have been depleted and the Rajapaksa government is struggling to pay for the import of fuel. ...
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