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Deep depression to move closer to Sri Lanka s east coast, intensify into cyclonic storm
27 Nov 2024 (9:46 AM) Over 77,000 people affected by adverse weather in Sri Lanka
26 Nov 2024 (10:52 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) CBSL introduces Overnight Policy Rate; further eases monetary policy stance
27 Nov 2024 (10:04 AM) Ceylon Chamber welcomes staff-level agreement for third review of IMF program
27 Nov 2024 (11:47 AM) Over 77,000 people affected by adverse weather in Sri Lanka
26 Nov 2024 (10:52 PM) |
The Meteorology Department says the deep depression over the southwest Bay of Bengal was located to 190 km southeast of Trincomalee at around 11-30 p.m. of November 26, 2024. 
The Disaster Management Centre (DMC) says that the prevailing inclement weather conditions in the country have so far affected 77,670 persons from 22,532 families across 15 districts. 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to further ease the monetary policy stance and set the newly introduced Overnight Policy Rate (OPR) at 8.00 per cent. 
The Ceylon Chamber of Commerce has welcomed the announcement of a staff-level agreement for the third review under the International Monetary Fund (IMF) Extended Fund Facility program for Sri Lanka. Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
