Money printing is, technically the increase in reserve money stock which will eventually multiply the country’s money supply.

However, with the introduction of the Central Bank of Sri Lanka Act, No. 16 of 2023, which came into effect in September 2023 ...

The Central Bank of Sri Lanka, which has sole authority to print currency in the island nation, told AFP it had not released ...

A fresh controversy has erupted following reports that Sri Lanka’s Central Bank (CBSL) injected nearly Rs. 100 billion into ...

The Central Bank of Sri Lanka (CBSL) today rejected as ‘completely baseless’ the recent reports claiming that the CBSL has printed currency notes to the value of Rs ...

The claims on money printing are not accurate and are baseless, the Central Bank of Sri Lanka (CBSL) said. The liquidity ...

The Central Bank (CB) this week denied reports that it has “printed” Rs. 100 billion on October 25 through its Open Market Operations (OMOs). “It is important to clarify that these claims are not ...

Sri Lanka hasn't printed new money, as evidenced by the absence of currency notes bearing the signature of the incumbent ...

building unnecessary megaprojects financed by money printing and foreign borrowing. Creditors downgraded the country’s bonds, and Sri Lanka defaulted in May. Sri Lanka went from lower-middle ...

Sri Lanka's trade deficit widened to 634 million US dollars in September 2024 from 429 million dollars a month earlier, while ...

Sri Lanka's new prime minister says the country ... He said the central bank would have to print money to pay government wages. Mr Wickremesinghe also said state-owned Sri Lankan Airlines may ...

Colombo, October 29 (Daily Mirror)- The claims on money printing are not accurate and are baseless, the Central Bank of Sri Lanka (CBSL) said. The liquidity (money) injected through Open Market ...