Central Bank Watch
Central Bank of Sri Lanka
September 26, 2017
Once again, Sri Lanka’s Monetary Policy Committee elected not to change its key deposit and lending rates of 7.25% and 8.75%. They have been at those tight levels since a 50-basis point increase in July 2016. An earlier move of same magnitude had been implemented in February. Headline and core CPI inflation picked up somewhat […] More
New Overnight Developments Abroad - Daily Update
Dollar Strengthens
September 26, 2017
The dollar rose overnight by 0.8% against the kiwi, 0.6% versus the Aussie dollar, 0.5% vis-a-vis the Swiss franc, 0.4% relative to the euro and 0.3% versus the yen, loonie and sterling. Stocks in the Pacific Rim dropped 0.8% in Taiwan, 0.5% in Indonesia, 0.3% in Japan and South Korea, and 0.2% in Australia but […] More