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CCC dismisses new economy measures; says Chamisa-led govt only solution

Minister Mthuli Ncube (on Monday) announced measures that are meant to curb hyperinflation and stabilize (prices) as well as address the remuneration crisis in the civil service. The Reserve Bank also issued its Monetary Policy Statement. We take the view that the policies are a re-statement of existing, failed policies which have failed to build…

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Sri Lanka monetary meltdown: Steve Hanke on currency boards and flawed pegs

Sri Lanka is now suffering the worst currency crisis in history of the island s soft-pegged central bank which was set up in 1950 abolishing a currency board, dooming the country into exchange and trade controls as well as trade and exchange controls.

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A Hong Kong CBDC is coming — for institutions

Central bank digital currencies may be all the rage around the world, but a retail CBDC would not make sense for Hong Kong. Here's why Hong Kong is unique.

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SL plunges into worst economic contraction in the wake of dramatic currency collapse – CBSL Governor

By Hiran H.Senewiratne Sri Lanka will witness the worst economic contraction in its history, as it reels from a currency collapse of the rupee from 200 to 370 to the US dollar and interest rates contracted above 20 per cent, Central Bank Governor Dr. Nandalal Weerasinghe said. “Sri Lanka is going through severe fuel shortages […]

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A Child s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn t?

A Child s Guide To Currency Boards: Why Did Ceylon Give Up The Currency Board, While Singapore Didn t?
colombotelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from colombotelegraph.com Daily Mail and Mail on Sunday newspapers.

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