Sri Lanka Bank Interest Rates

jayathu · 1 Sri Lanka Bank Interest Rates on Mon Aug 31, 2015 8:39 pm

jayathu

Assistant Vice President - Equity Analytics

Posts : 949
Equity Stars : 3660
Reputation : 24
Join date : 2014-03-02

Policy Rates Remain Unchanged.......

jayathu · 2 Re: Sri Lanka Bank Interest Rates on Mon Aug 31, 2015 8:39 pm

jayathu

Assistant Vice President - Equity Analytics

Posts : 949
Equity Stars : 3660
Reputation : 24
Join date : 2014-03-02

prediction fr tomorrow?? Im saying it will be a green day!!!

anjelo · 3 Re: Sri Lanka Bank Interest Rates on Tue Sep 01, 2015 9:12 am

anjelo

Senior Vice President - Equity Analytics

Posts : 1507
Equity Stars : 6410
Reputation : 38
Join date : 2012-03-02

market should be just above green,
lets say 25-40 level max I think.
that is because month start,
china still dragging down slowly.
that will hinder the international investors sentiments.
http://www.bloomberg.com/quote/SHCOMP:IND
locals will push it a bit.
a mixed note I am guessing...

ThilinaM · 4 Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 4:02 pm

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 2024
Reputation : 27
Join date : 2019-06-20
Location : colombo

people are stupid one said if market come to 6020 tax cut is useless. tax cut will impact next year profits . even profits are high people may behave differently. niwton once said i can solve any physics theory but cant mesure stupidity of people (after he loosing money on stock market) any way one should buy a stock for fundamental reasons tax cut is not for short term traders.

Promoney · 5 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 5:51 pm

Promoney

Senior Manager - Equity Analytics

Posts : 499
Equity Stars : 1082
Reputation : 8
Join date : 2019-07-16

@thilinaM I cant help it if you cant understand english. What I said was it is illogical for the market to come down below 6020.. given the positive outcomes that occured since it was previously at 6020. Only reason would be panic retail sellers. Today the turnover for around Rs.240Mn. Try to understand what one says properly.. Or get someone to explain what it means

reyaz · 6 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 8:58 pm

reyaz

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 4050
Reputation : 7
Join date : 2011-03-10

There is a relationship or correlation between tax cut govt and torrent of trading with wave if not tsunami of trades. Similarly there is a correlation to Austerity meassures and wikunumsinghe government (UNP= Unwanted foreign iNfluence Party).

reyaz · 7 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 9:07 pm

reyaz

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 4050
Reputation : 7
Join date : 2011-03-10

@ThilinaM wrote:people are stupid one said if market come to 6020 tax cut is useless. tax cut will impact next year profits . even profits are high people may behave differently. niwton once said i can solve any physics theory but cant mesure stupidity of people (after he loosing money on stock market) any way one should buy a stock for fundamental reasons tax cut is not for short term traders.

Perhaps you should listen to a thing or two from Keynes or present day economist such as (Sri Lanka's own) Razeen Sally before commenting further. NB. he hates Ranil too.

Promoney · 8 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 10:10 pm

Promoney

Senior Manager - Equity Analytics

Posts : 499
Equity Stars : 1082
Reputation : 8
Join date : 2019-07-16

I supported Yahapalanaya economic policies which stabilized our economy, by not only gaining GSP and removing the Fishing ban, but by the monetary policy adopted by the Central Bank..

But their main miskate was, after stabilizing, they did not stimulate the economy, which they should have done during the last 1 to 1.5 years of their tenure.. big mistake.. New government has done it.. the time is right, because Port City FDI's will start flowing during 2020, and the largest FDI approvals during 2019 will start materializing from 2020 onwards.. tourist arrivals, which was down 70% in May and an average 20% down in subsequent months, recovered to be down only 9% in November.. expected to be equal or increase in December.. Sri Lanka is looking good going forward to 2020..
Sad situation is we , Sri lankans still doubt ourselves, when International Investors like Mark Morbius has to come point it out..

Watch as things foldout..

fireshelter

Sri Lanka invites more investments, tourists from China

Teller · 10 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 9:04 am

Teller

Moderator

Posts : 5640
Equity Stars : 15932
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Mark Mobius brain washes to sell state banks and some state entities. Now the plan is clear. Listen his speech.

krishna · 11 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 9:15 am

krishna

Senior Equity Analytic

Posts : 66
Equity Stars : 2430
Reputation : 2
Join date : 2014-09-09

The methodology for property investment is the same around the world,revealed Dr. Mobius and that is the challenge in the development of mortgage markets. Here in Sri Lanka there is a dire need to develop a mortgage market where owning property is made easier for potential investors.

ThilinaM · 12 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 11:10 am

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 2024
Reputation : 27
Join date : 2019-06-20
Location : colombo

do not have more than 1% doubt in long terms like 30 years. u will win.

NANDANA2012 · 13 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 7:00 pm

NANDANA2012

Manager - Equity Analytics

Posts : 248
Equity Stars : 3543
Reputation : 9
Join date : 2012-02-14

@Teller wrote:Mark Mobius brain washes to sell state banks and some state entities. Now the plan is clear. Listen his speech.

Our economy's No 1 problem is SOE's. If CEB, Srilankan, CPC, BOC /PB had been privatised or structured 15 years back, we are a different country today, very close to Malaysia etc.. These places just destroy economy, create lazy, iddle Govt job culture..while private sector just rescued economy..

NANDANA2012 · 14 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 7:03 pm

NANDANA2012

Manager - Equity Analytics

Posts : 248
Equity Stars : 3543
Reputation : 9
Join date : 2012-02-14

@Teller wrote:Mark Mobius brain washes to sell state banks and some state entities. Now the plan is clear. Listen his speech.

Teller, there is nothing to brain wash.. Its the accepted principal world over. Govt should keep away from business. If they involve in it, end result is corruption and waste. simple as that.

Teller · 15 government has no money to pay suppliers on Wed Jan 29, 2020 5:56 pm

Teller

Moderator

Posts : 5640
Equity Stars : 15932
Reputation : 230
Join date : 2013-06-25
Location : Abhudhabi

Private firms which have provided services to Sri Lanka’s government are in difficulties due to delayed payments Prime Minister Mahinda Rajapaksa has said.

Due to a vote on account on which the government is now working with, many private firms that have carried out projects are in difficulties, Prime Minister Rajapaksa has told a progress review meeting at the finance ministry Tuesday.

Cabinet spokesman Bandula Gunewardene said earlier that information has been sought from secretaries to all ministries to tabulate the total payment arrears.

The contracts had been awarded by the previous administration but had not been paid, he said.

“Many small and medium contractors and suppliers have told us that they are in difficulties,” Gunewardene said.

“They all have sad stories to tell. We have called for reports from all secretaries to find out the total.”

Sri Lanka’s fiscal authorities have a habit of running payment arrears to understate the budget deficit in the last two months of the year, which are then settled in January.

Sometime they are settled with so-called ‘provisional advances’ or printed money from the central bank, which in some years puts pressure on the rupee, if private credit is also picking up.

Sri Lanka’s private credit has been weak in 2019, after a currency collapse in 2018 and corrective measures.

The current administration has given a debt relief in a bid to boost private sector activity, though analysts say the credit system usually recovers from a currency collapse after about 18 months.

The current administration had slashed value added tax, which has raised concerns over the state borrowings.

Sri Lanka’s finance ministry has said it is aiming to keep the deficit around 5.5 percent of GDP in 2020 with expenditure cuts.

There have been also calls to cut interest rates raising fears over liquidity injections and pressure on the rupee. (Colombo/Jan29/2020)

ThilinaM · 16 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:04 am

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 2024
Reputation : 27
Join date : 2019-06-20
Location : colombo

many suppliers should not do business with gvt exept nessesary servises. its fraud of our tax money.
approved if they do not get paid . gvt should only expend to develop roads and infrastructure

ThilinaM · 17 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:05 am

ThilinaM

Vice President - Equity Analytics

Posts : 1086
Equity Stars : 2024
Reputation : 27
Join date : 2019-06-20
Location : colombo

should cut down free education and free helth also privet medical universitys should be established (no quality concernes required when initial stages

fireshelter

fireshelter

Associate Director - Equity Analytics

Posts : 3029
Equity Stars : 7990
Reputation : 37
Join date : 2014-06-12

Jan 30, 2020 (LBO) – Monetary Board of the Central Bank has decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points to 6.50 percent and 7.50 percent, respectively.
Statutory Reserve Ratio (SRR), however, will remain unchanged at 5.00 percent.
The board said they arrived at this decision following a careful analysis of current and expected developments in the domestic economy and the financial market as well as the global economy.
The Monetary Board, at its meeting held on 29 January 2020, was of the view that it is essential that market lending rates reduce further in order to support the envisaged pickup in credit growth and economic activity.
“This decision supports a continued reduction in market lending rates, thereby facilitating the envisaged recovery in economic activity given the favourable medium-term outlook for inflation, which is well anchored within the 4-6 percent range,” the board said.
“The Central Bank will continue to monitor macroeconomic and financial market developments with a view to maintaining aggregate demand conditions at appropriate levels, in the period ahead.”

Promoney · 19 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:21 am

Promoney

Senior Manager - Equity Analytics

Posts : 499
Equity Stars : 1082
Reputation : 8
Join date : 2019-07-16

Bull run begins

KavinduTM · 20 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:37 am

KavinduTM

Vice President - Equity Analytics

Posts : 1499
Equity Stars : 2092
Reputation : 49
Join date : 2019-11-27
Age : 19
Location : Gampaha

@reyaz wrote:There is a relationship or correlation between tax cut govt and torrent of trading with wave if not tsunami of trades. Similarly there is a correlation to Austerity meassures and wikunumsinghe government (UNP= Unwanted foreign iNfluence Party).

Hahah how did i miss this

UNP= Unwanted foreign iNfluence Party

Damn true

Sponsored content

Latest topics

Sri Lanka Bank Interest Rates

1 Sri Lanka Bank Interest Rates on Mon Aug 31, 2015 8:39 pm

jayathu

2 Re: Sri Lanka Bank Interest Rates on Mon Aug 31, 2015 8:39 pm

jayathu

3 Re: Sri Lanka Bank Interest Rates on Tue Sep 01, 2015 9:12 am

anjelo

4 Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 4:02 pm

ThilinaM

5 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 5:51 pm

Promoney

6 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 8:58 pm

reyaz

7 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 9:07 pm

reyaz

8 Re: Sri Lanka Bank Interest Rates on Tue Dec 10, 2019 10:10 pm

Promoney

9 Sri Lanka interest rates should go down, currency will not fall: Mark Mobius on Wed Dec 11, 2019 5:56 am

fireshelter

Sri Lanka invites more investments, tourists from China

John Keells Holdings drags down Sri Lanka stocks

Sri Lanka tourist arrivals to recover by end of winter season: CB Deputy Governor

Sri Lanka bad loans expected to fall after tax cuts: HNB

Mobius says would invest in real estate, fintech, tourism in Sri Lanka

DAILY BRIEF

10 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 9:04 am

Teller

11 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 9:15 am

krishna

12 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 11:10 am

ThilinaM

13 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 7:00 pm

NANDANA2012

14 Re: Sri Lanka Bank Interest Rates on Thu Dec 12, 2019 7:03 pm

NANDANA2012

15 government has no money to pay suppliers on Wed Jan 29, 2020 5:56 pm

Teller

16 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:04 am

ThilinaM

17 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:05 am

ThilinaM

18 Central Bank of Sri Lanka reduces its policy interest rates by 50 basis points on Thu Jan 30, 2020 9:12 am

fireshelter

19 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:21 am

Promoney

20 Re: Sri Lanka Bank Interest Rates on Thu Jan 30, 2020 9:37 am

KavinduTM

21 Re: Sri Lanka Bank Interest Rates

Sponsored content