FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


Latest topics

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by ONTHEMONEY Today at 6:25 am

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by dayandacool Today at 2:43 am

» R I L PROPERTY PLC (RIL.N0000)
by SAGA Yesterday at 9:57 pm

» Dividend - July/August
by High-flyer Yesterday at 9:41 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by madukp Yesterday at 9:08 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:08 pm

» Directors' Dealings 21/06/2021
by SAGA Yesterday at 8:25 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by rukshan1234 Yesterday at 8:14 pm

» Top Foreign Trading today - 21/06/2021
by SAGA Yesterday at 8:02 pm

» Crypto , Digital Currency Trading , Forex
by RJ1010 Yesterday at 1:58 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by engineer Yesterday at 7:07 am

» Investing in Sri Lanka in ‘The New Normal’ - Nimal Perera
by ChooBoy Sun Jun 20, 2021 10:31 pm

» Who will be the Owner of Dividend after DVP?
by Mr. X Sun Jun 20, 2021 6:12 pm

» DVP යනු කුමක්ද? Explained
by samaritan Sun Jun 20, 2021 1:23 pm

» How to toggle between mobile and web versions of FC
by CHRONICLE™ Sun Jun 20, 2021 10:36 am

» I have 5 Million Cash To Invest in CSE
by chandike73 Sun Jun 20, 2021 8:42 am

» අයියෝ පෑන් ඒෂියා
by CHRONICLE™ Sun Jun 20, 2021 12:40 am

» කොටස් වෙළදපොල සිංහලෙන්
by CHRONICLE™ Sun Jun 20, 2021 12:35 am

» I keep seeing in the face book about the stock market but I still have no idea it is. Do you know? Stock market for beginners
by Asoka Samarakone Sat Jun 19, 2021 9:40 pm

» EAST WEST PROPERTIES PLC (EAST.N0000)
by SAGA Sat Jun 19, 2021 7:10 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Monetary Policy Review, January 2014

Monetary Policy Review, January 2014

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Reuters: The Central Bank of Sri Lanka is expected to cut its key policy rates by 50 basis points on Thursday, a Reuters poll showed, after keeping them steady for two months at multi-year lows.

The Central Bank has lowered key rates by 125 basis points since December 2012 to stimulate economic growth.

It has also used other measures to ease monetary policy, including cutting commercial banks’ statutory reserve ratio (SRR) by 200 basis points from July.

The Central Bank has estimated the $59 billion economy grew a minimum of 7.2% in 2013 compared with 6.4% in the previous year.
www.ft.lk

2Monetary Policy Review, January 2014 Empty Re: Monetary Policy Review, January 2014 Wed Jan 01, 2014 11:44 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
CB has done their part. But it doesn't click with the market. Ane manda..

3Monetary Policy Review, January 2014 Empty Monetary Policy Review, January 2014 Thu Jan 02, 2014 7:29 am

sriranga

sriranga
Co-Admin
http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20140102e.pdf


http://sharemarket-srilanka.blogspot.co.uk/

4Monetary Policy Review, January 2014 Empty Re: Monetary Policy Review, January 2014 Thu Jan 02, 2014 7:31 am

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
http://www.cbsl.gov.lk/pics_n_docs/latest_news/press_20140102e.pdf

5Monetary Policy Review, January 2014 Empty Sri Lanka narrows policy rate corridor Thu Jan 02, 2014 8:27 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Jan 02, 2013 (LBO) - Sri Lanka's central bank has narrowed a policy rate corridor cutting its policy rate window for injecting cash into the banking system by 50 basis points to 8.00 percent but left its rate to withdraw cash unchanged at 6.50 percent.

With credit growth weak and excess liquidity in money markets generated from dollar purchases, the active policy is the 6.5 percent repurchase window, with overnight risk free money markets rates hovering now around 7.35 percent.

Sri Lanka has a soft-pegged exchange rate and money (bank rupee reserves) is created both though monetizing debt and dollar purchases.

With the floor rate being currently active, the cut in the ceiling rate to 8.00 percent may have little real effect on the market other than narrowing the policy rate corridor from 200 to 150 basis points, analysts say.

The last open market auction on December 26 was also conducted at 6.98 percent.

A wider policy rate corridor has the advantage of allowing market rates to move up immediately in response to higher credit higher demand without a policy rate hike, allowing the exchange rate to be strong, inflation low and the economy stable.

Sri Lanka's inflation was 4.7 percent in the 12 months to December 2013.

Sri Lanka's market gilt rates have fallen around 200 basis points over the past two months as borrowings by the state and state energy enterprises reduced.

The central bank said it would no longer give securities for cash withdrawn through the window from market participants, ending the process of repurchasing securities from market participants overnight.

With uncollateralized deposits at the monetary authority, the window will now be re-named the standing deposit facility.

The reverse repo window through which money is injected to banks will also be re-named standing lending facility, but the deals will continue to be collateralized.

Open market operations carried out within the standing facility rate corridor will also be collateralized.

Update II
www.lbo.lk

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
http://www.bloomberg.com/video/sri-lanka-central-bank-governor-on-policy-economy-21kDX9G3T263zJ2v5i8_zw.html

7Monetary Policy Review, January 2014 Empty Re: Monetary Policy Review, January 2014 Sat Jan 04, 2014 11:09 pm

Leon


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
CB has cut policy rates this time also. Commercial banks have reduced deposit rates accordingly. But lending rate has not come down yet for the ordinary people. I think what is happening is government heavily borrowing from local sources at low rates without going for foreign sources.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum