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Welcome To IANS Live - INTERNATIONAL - US Fed official urges patience on monetary policy


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IANSLive
Washington, March 3 (IANS) A senior US Federal Reserve official said that the central bank needs to be patient with easy monetary policy to achieve its inflation and employment goals.
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Update: 03-March-2021 ....

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Vehicle Imports to be reviewed end of the year - CBSL clarifies conversion of export proceeds


Thursday, 25 February 2021 - 20:04
State Minister Ajith Nivard Cabraal states that a follow up and review will be carried out at the end of this year regarding the resumption of vehicle imports.
He stated this at a media briefing held at the Ministry of Finance today. Attygalle also commented.
Meanwhile CBSL stated the reasons for the Repatriation and Conversion of Export Proceeds stating why were these measures needed?
On 18 February 2021, the Monetary Board issued Rules in respect of repatriation of export proceeds into Sri Lanka and conversion of such proceeds into Sri Lanka rupees, and also issued Operating Instructions to Licensed Banks on the same. ....

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Qatar industrial production jumps 10.4% in December: PSA

A substantial expansion in extraction of crude petroleum and natural gas as well as increase in certain manufacturing items led Qatar s industrial production to jump 10.4% month-on-month in December 2020, as the country substantially lifted the Covid-19 related restrictions. ....

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