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Encyclopedia > Central Bank of Sri Lanka

The Central Bank of Sri Lanka is the monetary authority of the country. It was established in 1950, i.e., two years after Independence. The founder Governor of the Central Bank of Sri Lanka was John Exter, while the Minister of Finance at the time was J.R. Jayawardena. Under the name Central Bank of Ceylon it replaced the Currency Board that until then had been responsible for issuing the country's money. Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. ... Junius Richard Jayewardene (September 17, 1906 November 1, 1996), famously abbreviated in Sri Lanka as JR, was the president of Sri Lanka from 1978 until 1989. ...


The Central Bank is responsible for the conduct of monetary policy in Sri Lanka and also has wide supervisory powers over the financial system. Monetary policy is the process by which the government, central bank, or monetary authority manages the money supply to achieve specific goals—such as constraining inflation or deflation, maintaining an exchange rate, achieving full employment or economic growth. ... The Global Financial System refers to those financial institutions and regulations that act on the international level, as opposed to those that act on a national or regional level. ...


Notable Governors

  • John Exter
  • N.U. Jayawardena
  • H.B. Dissanayake
  • A.S. Jayawardena

See also

ISO 4217 Code LKR User(s) Sri Lanka Inflation rate 11. ...

External link

  • Central Bank of Sri Lanka
 
   Topics related to Sri Lanka
History

Wanniyala-Aetto, Mahavamsa, Vijaya, Sigiriya, Dambulla, Anuradhapura, Polonnaruwa, Kandyan Wars, Uva Rebellion, 1818 uprising, Sri Lanka Independence Struggle, Cocos Islands Mutiny, Ethnic conflict in Sri Lanka, Names of Sri Lanka. Image File history File links Flag_of_Sri_Lanka. ... Anthem: Sri Lanka Matha   ,   Capital Sri Jayawardenapura (Kotte) Largest city Colombo Official languages Sinhala, Tamil Government Democratic Socialist Republic  -  President Mahinda Rajapakse  -  Prime Minister Ratnasiri Wickremanayake Independence from the United Kingdom   -  Emancipated February 4, 1948  Area  -  Total 65,610 km² (122nd) 25,332 sq mi   -  Water (%) 4. ... The recorded History of Sri Lanka is usually taken to begin in the 6th century BCE, when the Indo-Aryan people migrated into the island from India. ... The Wanniyala-Aetto, or forest beings, perhaps more commonly known as Veddas or Veddahs (transliteration of වැද්දා in Sinhalese, IPA væððɑː) are an indigenous people of Sri Lanka, an island nation in the Indian Ocean. ... The Mahavansha, also Mahawansha, (Pāli: great chronicle) is a historical record, often thought to be the oldest written record oh history, written in the Pāli language, of the Buddhist kings as well as Dravidian kings of Sri Lanka. ... There is a story about Vijaya and his men landing on the shores of Sri-Lanka. ... Sigiriya is an archeological site in North Central Sri Lanka. ... The city of Dambulla is situated in the Central Province of Sri Lanka, the city is situated 148 km east of Colombo and 72 km north of Kandy. ... Anuradhapura, (අනුරාධපුර in Sinhala), is one of the ancient capitals of Sri Lanka, world famous for its well preserved ruins of the Great Sri Lankan Civilization. ... The second most ancient of Sri Lankas kingdoms, Polonnaruwa was first declared the capital city by King Vijayabahu I, who defeated the Chola invaders in 1070 CE to reunite the country once more under a local leader. ... Kandian Wars refers to the campaigns of the British expeditionary forces against the Kingdom of Kandy in Ceylon 1803 and 1815. ... The Uva Rebellion, also known as the Great Rebellion of 1817-1818 (or the 3rd Kandyan War by the British) took place in Sri Lanka against the British under Governor Robert Brownrigg. ... The provincial history records a 1818 uprising against the British colonial government which had been controlling the formally independent Udarata (Sinhalese: Up-Country), of which Uva was a province. ... The Sri Lanka Independence Struggle against British rule was often dormant but eventually succeeded in winning independence for Sri Lanka in 1948. ... Cocos (Keeling) Islands The Cocos Islands Mutiny was one of many among British Commonwealth forces during the Second World War. ... The ethnic conflict in Sri Lanka is an ongoing conflict between the Government of Sri Lanka and a minority terrorist group consisting of Ethnic Sri Lankan Tamils on the island-nation of Sri Lanka. ... Sri Lanka is a country that has been known by many names. ...

Politics

Presidents of Sri Lanka, Supreme Court, Demographics, Districts, Elections, Foreign Relations, Political parties, President, Prime Minister, Provinces, Military. Politics of Sri Lanka takes place in a framework of a presidential representative democratic republic, whereby the President of Sri Lanka is both head of state and head of government, and of a pluriform multi-party system. ... Flag of the President of Sri Lanka // List of presidents The following is a list of Sri Lankan Presidents. ... The Supreme Court of Sri Lanka is the highest court of the land. ... Sri Lanka is an island in the Indian Ocean about 28 kilometers (18 mi. ... Below the provinces Sri Lanka is divided into 25 administrative districts. ... Politics of Sri Lanka Categories: Election related stubs | Elections in Sri Lanka ... Sri Lanka traditionally follows a nonaligned foreign policy but has been seeking closer relations with the United States since December 1977. ... This article lists political parties in Sri Lanka. ... Percy Mahendra Mahinda Rajapaksa (born November 18, 1945) is the President of the Democratic Socialist Republic of Sri Lanka, and a Sri Lankan politician. ... Ratnasiri Wickremanayake (born on May 5, 1933) is the 14th Prime Minister of Sri Lanka and a veteran politician. ... Sri Lanka is divided into eight provinces for the purposes of local governance. ...

Economy

Communications, Central Bank of Sri Lanka, Colombo Stock Exchange, Bank of Ceylon, Commercial Bank of Ceylon, SriLankan Airlines, Sri Lankan rupee, Colombo, Ceylon Tea, Ceylon Mercantile Union, Transport. Telephones - main lines in use: 1,094,809 Est(2003) Telephones - mobile cellular: 2,150,120 Est Telephone system: very inadequate domestic service, particularly in rural areas; some hope for improvement with privatization of national telephone company and encouragement to private investment; good international service (1999) domestic: national trunk network... Colombo Stock Exchange [1] is located in the World Trade Center [2] complex. ... The Bank of Ceylon is a major, government-owned commercial bank in Sri Lanka. ... The Commercial Bank of Ceylon is one of the leading commercial banks in Sri Lanka with over 100 branches. ... SriLankan Airlines is the national carrier of Sri Lanka. ... ISO 4217 Code LKR User(s) Sri Lanka Inflation rate 11. ... Map of Colombo with its administrative districts Coordinates: District Colombo Division, Colombo District Mayor Uvaiz Mohammad Imitiyaz (Sri Lanka Freedom Party) Area    - City 37. ... This article is about Black tea from Sri Lanka. ... The Ceylon Mercantile Union (CMU) is one of the largest trade unions in the commercial sector in Sri Lanka. ...

Culture

Buddhism, Hinduism, Islam, Sinhala, Tamil, Culture of Sri Lanka, Music, Cuisine, Radio Ceylon, Religion, Literature, Cricket, List of Sri Lankans. Throughout the, past centuries Sri. ... An ancient Buddha statue from Aukana Sri Lanka // Buddhism in Sri Lanka is primarily of the Theravada school, and constitutes the religious faith of about 70% of the population[1] According to traditional Sri Lankan chronicles (such as the Dipavamsa), Buddhism was introduced into Sri Lanka in the 2nd century... Hindu temple, Colombo Hindus currently make up approximately 15% of the Sri Lankan population, and are almost all exclusively Tamil-speaking apart from immigrants from North India and Pakistan such as the Sindhis. ... Mosque in Galle, Sri Lanka Muslims, who make up approximately 7 percent of the population, comprise a group of minorities practicing the religion of Islam in Sri Lanka. ... The Sinhalese are the main ethnic group of Sri Lanka. ... Languages Tamil Religions Hinduism, Christianity, Islam, Jainism Related ethnic groups Dravidian people Brahui people Kannadigas Malayalis Tamils Telugus Tuluvas Gonds The Tamil people are an ethnic group from the Indian subcontinent with a recorded history going back more than two millennia. ... Throughout the, past centuries Sri. ... The music of Sri Lanka originates in cultural traditions deriving from three influences: the religious practices of Buddhism, the aftereffects of Portuguese colonization, and the commercial and historical influence of Indian culture - specifically, Bollywood cinema. ... The cuisine of Sri Lanka draws influence from that of India, as well as colonists and foreign traders. ... // The Launching of Broadcasting in Ceylon Radio Ceylon is the oldest radio station in South Asia. ... Sri Lankan literature is the literary tradition of Sri Lanka. ... The Sri Lankan cricket team is a national cricket team representing Sri Lanka. ... This is a partial list of notable individuals from the island of Sri Lanka // Gamini Fonseka Malini Fonseka Henry Jayasena Vijaya Kumaratunga Irangani Serasinghe Tissa Wijesurendra Senarat Paranavithana S. U. Deraniyagala Geoffrey Bawa Deepthie Perera George Keyt Sunil Jayntha Nawaratne Sunil Jayntha Nawaratne Geoff Jansz Pubilis Silva Sir Ernest de...

Education

Trinity College, Ananda College, Royal College, Nalanda College, Dharmaraja College Maliyadeva College,, University of Colombo, University of Kelaniya, University of Sri Jayawardhenapura, University of Moratuwa, University of Jaffna, University of Peradeniya, University of Ruhuna, Eastern University of Sri Lanka, Sri Lanka Scout Association. Trinity College, Kandy founded in 1872, has a long history as a premier educational institution in Sri Lanka with a distinctive tradition as an Independent Private School. ... Ananda College, established November 1, 1886 by the Buddhist Theosophical Society, is one of Sri Lankas oldest schools. ... Royal College, Colombo was founded in January 1835. ... Nalanda College is a Buddhist school in Colombo, Sri Lanka. ... Dharmaraja College,Kandy, established June 30, 1887 by the Theosophical Society, is one of Sri Lankas oldest Buddhist schools. ... Maliyadeva College is a college located in Kurunegala, Sri Lanka. ... The University of Colombo (also known as UoC), Sri Lankas oldest university, is located in the urban centre of Colombo. ... University of Kelaniya The University of Kelaniya is one of the main State Universities of Sri Lanka. ... Sri jayawardanapur is one of the univercitys of Sri Lanka ... The University of Moratuwa, located on the banks of the Bolgoda Lake in Moratuwa, Sri Lanka, is one of the top technical universities in Sri Lanka. ... University of Jaffna // Jaffna University has two campuses. ... University of Peradeniya is the second oldest university of Sri Lanka and is a renowned state university, funded by the University Grants Commission of Sri Lanka . ... The University of Ruhuna is a university located in Matara, Sri Lanka. ... The Eastern University of Sri Lanka is a university situated in the eastern province of Sri Lanka, Batticaloa. ... Membership badge of the Sri Lanka Scout Association The Sri Lanka Scout Association, the national Scouting organization of Sri Lanka, was founded in 1912, and became a member of the World Organization of the Scout Movement in 1953. ...


  Results from FactBites:
 
The cost of the war in Sri Lanka: Tens of thousands of jobs to go under IMF-World Bank restructuring plans (1388 words)
The Sri Lankan government, under pressure from the World Bank and International Monetary Fund (IMF), is preparing to implement a major restructuring program that will wipe out tens of thousands of jobs at the Sri Lanka Ports Authority and in the country's financial sector.
The Bank of Ceylon management has announced that 14 percent of its nearly 9,000 employees are “surplus” and will have their jobs cut through a voluntary retirement scheme.
In 1998, the All Sri Lanka Ports Workers Union, affiliated to the Sinhala chauvinist Janatha Vimukthi Peramuna (JVP), and the United National Party-controlled National Employees Union distinguished themselves by insisting the jetty not be sold to the “multinational” PandO but rather to the Japanese International Corporation Agency.
  More results at FactBites »


 
 

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