A market brief each morning, plus company filings and news from across Sri Lanka's stock market. Filter by company, sector and theme, and use sentiment badges to quickly identify Positive or Negative news.
Global markets traded mixed as the Fed is widely expected to lift rates by 25 basis points; the US 10-year yield rose to 5.04%. Brent crude fell to $108.1/barrel and gold dipped to $4,321/oz, while the US dollar eased slightly.
The Central Bank of Sri Lanka hosted its inaugural Reserve Management Conference on 10-11 September 2026 in Colombo, convening about 50 speakers from central banks and multilateral institutions. Discussions focused on building foreign reserve buffers, geopolitical fragmentation, the role of digital/tokenised assets and AI in reserves, US dollar dominance and gold as an alternative asset.
CBSL Governor Nandalal Weerasinghe warned reserve accumulation 'cannot be at any cost', saying excessive intervention, monetary expansion or external borrowing can undermine stability and that sustainable reserve rebuilding needs fiscal and monetary support; he also urged defined roles for gold and digital assets in reserve portfolios.
AIIB Treasurer Domenico Nardelli told the Reserve Management Conference in Colombo that central banks should hold larger liquidity buffers and diversify by asset type and jurisdiction because shocks now arrive faster and more often. He noted the US dollar still held a 57% share of official reserves, highlighted large swings in Treasury yields and gold, and said AIIB uses in-house AI tools to speed portfolio analysis.
CBSL Governor Dr. Nandalal Weerasinghe urged global reserve managers to prioritise liquidity and build foreign-exchange buffers amid geopolitical fragmentation, warning that inadequate reserves constrain imports, debt servicing and policy response. He advocated broader risk-based adequacy metrics, cautioned against uncalculated diversification and noted renewed central-bank interest in gold.
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