{"id":123295,"date":"2022-03-07T15:38:07","date_gmt":"2022-03-07T22:38:07","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=123295"},"modified":"2022-03-07T15:38:45","modified_gmt":"2022-03-07T22:38:45","slug":"cbsl-says-greater-flexibility-in-exchange-rate-will-be-allowed-with-immediate-effect","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2022\/03\/07\/cbsl-says-greater-flexibility-in-exchange-rate-will-be-allowed-with-immediate-effect\/","title":{"rendered":"CBSL says greater flexibility in exchange rate will be allowed with immediate effect"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Adaderana<\/em><\/span><\/h2>\n\n\n<p>Central Bank of Sri Lanka (CBSL) says it is of the view that forex transactions would take place at levels that are not more than Rs. 230 per US dollar.<\/p>\n\n\n\n<p>In a statement, the Central Bank noted that it would continue to closely monitor the developments in the domestic foreign exchange market and make appropriate policy adjustments accordingly.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u0dbb\u0dd4\u0db4\u0dd2\u0dba\u0dbd\u0dda \u0d85\u0d9c\u0dba \u0db6\u0dcf\u0dbd\u0dca\u0daf\u0dd4 \u0d9a\u0dc5\u0dda \u0d87\u0dba\u0dd2? \u0db8\u0dc4 \u0db6\u0dd0\u0d82\u0d9a\u0dd4 \u0d85\u0db0\u0dd2\u0db4\u0dad\u0dd2\u0d9c\u0dd9\u0db1\u0dca \u0db4\u0dd0\u0dc4\u0dd0\u0daf\u0dd2\u0dc5\u0dd2 \u0d9a\u0dd2\u0dbb\u0dd3\u0db8\u0d9a\u0dca...\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/EK5IDO84HEQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Taking the severity of the external shocks and recent developments in the domestic front into consideration, the Monetary Board of the Central Bank announced a comprehensive policy package on 04 March with the view to counter such economic headwinds.<\/p>\n\n\n\n<p>The Central Bank also indicated that it would continue to closely monitor the emerging macroeconomic and financial market developments, both globally and domestically, and would stand ready to take further measures as appropriate, with the aim of achieving stability in the fronts of inflation, the external sector, the financial sector, and real economic activity.<\/p>\n\n\n\n<p>In that context, greater flexibility in the exchange rate will be allowed to the markets with immediate effect, the Central Bank said in its statement.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Greater flexibility has been allowed in the exchange&nbsp;<a href=\"https:\/\/twitter.com\/hashtag\/rate?src=hash&amp;ref_src=twsrc%5Etfw\">#rate<\/a>.&nbsp;<a href=\"https:\/\/twitter.com\/CBSL?ref_src=twsrc%5Etfw\">@CBSL<\/a>&nbsp;is of the view that the rate won&#8217;t exceed Rs.230 per USD. (\u0dc0\u0dd2\u0db1\u0dd2\u0db8\u0dba \u0d85\u0db1\u0dd4\u0db4\u0dcf\u0dad\u0dba \u0dc0\u0da9\u0dcf\u0dad\u0dca \u0db1\u0db8\u0dca\u200d\u0dba\u0dc1\u0dd3\u0dbd\u0dd3 \u0d9a\u0ddc\u0da7 \u0d87\u0dad. \u0d91\u0dba \u0d87.\u0da9\u0ddc.\u0dba\u0da7 \u0dbb\u0dd4. 230 \u0db1\u0ddc\u0d89\u0d9a\u0dca\u0db8\u0dc0\u0db1\u0dd4 \u0d87\u0dad\u0dd0\u0dba\u0dd2 \u0db8\u0dc4 \u0db6\u0dd0\u0d82\u0d9a\u0dd4\u0dc0 \u0d85\u0db4\u0dda\u0d9a\u0dca\u0dc2\u0dcf \u0d9a\u0dbb\u0dba\u0dd2).&nbsp;<a href=\"https:\/\/twitter.com\/hashtag\/SriLanka?src=hash&amp;ref_src=twsrc%5Etfw\">#SriLanka<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/hashtag\/GoSL?src=hash&amp;ref_src=twsrc%5Etfw\">#GoSL<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/hashtag\/lka?src=hash&amp;ref_src=twsrc%5Etfw\">#lka<\/a>&nbsp;<a href=\"https:\/\/twitter.com\/hashtag\/USD?src=hash&amp;ref_src=twsrc%5Etfw\">#USD<\/a>&nbsp;<a href=\"https:\/\/t.co\/ce8Qe2vW5L\">pic.twitter.com\/ce8Qe2vW5L<\/a>\u2014 Ajith Nivard Cabraal (@an_cabraal)&nbsp;<a href=\"https:\/\/twitter.com\/an_cabraal\/status\/1500882469112872960?ref_src=twsrc%5Etfw\">March 7, 2022<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Adaderana Central Bank of Sri Lanka (CBSL) says it is of the view that forex transactions would take place at levels that are not more than Rs. 230 per US dollar. In a statement, the Central Bank noted that it would continue to closely monitor the developments in the domestic foreign exchange market and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102],"tags":[],"class_list":["post-123295","post","type-post","status-publish","format-standard","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/123295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=123295"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/123295\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=123295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=123295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=123295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}