Month: February 2026

  • Sri Lanka Urged to End Swaps and Secure Foreign Reserves Through Repo Strategies

    Sri Lanka Urged to End Swaps and Secure Foreign Reserves Through Repo Strategies

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    FINANCIAL CHRONICLE – The Central Bank of Sri Lanka is advised to cease its inflationary swaps and secure foreign reserves represented by excess liquidity, rather than temporarily absorbing this liquidity overnight to increase interest rates. A decline in short-term rates could lead to a swift credit recovery from Ditwah without formal rate cuts and deter

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