- Last Update 2024-07-17 16:41:00
Central Bank closely monitoring exchange rate in view of sharp increase
Governor of the Central Bank of Sri Lanka (CBSL) Ajith Kabraal told the Times Online that CBSL is closely monitoring markets over the last few days to see whether the dollar rate would reach over Rs 300.
He said that since CBSL adopted a flexible exchange rate recently, there is a possibility of the dollar exchange rate increasing up to Rs 300 during the month of April. Governor said he has advised market participants not to overreact due to the current situation but engage in transactions within certain parameters.
Times online learns that even though the exchange rate at local banks remains at Rs 285 the black market exchange rate has already reached Rs 307.
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The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
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MP on open warrant turns up at school event
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
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SC refuses interim order on Judges appointments
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
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Deadline extended for G.C.E. A/L applications
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
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