Bank & Finance
CBSL settles more LKR 44Bn printed money on Friday
CBSL holding of Government Securities (money printing) increased by nearly LKR 100Bn last week, but CBSL managed to sell excess T-Bills at the primary auction held based on maturities falling due today and reduced the outstanding T-Bill by LKR 44Bn. The banking system is becoming more liquid as the net credit to the private sector is still negative.
Feb 14, 2023
Money printing has been slowdown in 2023