Central Bank of Sri Lanka Vision “A credible and dynamic central bank contributing to the prosperity of Sri Lanka.” Mission "Maintaining economic and price stability and financial system stability to support sustainable growth through policy stimulus, advice, commitment and excellence.” History of the Central bank, The post-independence Government of Sri Lanka established the Central Bank of Ceylon to maintain an active monetary policy regime and a dynamic financial sector to support and promote economic growth. Technical expertise to establish a central bank was sought from the United States of America (USA) in July 1948, with Mr John Exter, an American economist from the Federal Reserve of the USA being appointed to carry out this task. The central bank of Ceylon was established by the monetary law Act No.58 of 1949. But the operations were commenced on August 28, 1950. After several years, the bank's name was changed as Central Bank of Sr...
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What is the currency of Sri Lanka? The currency in Sri Lanka is the Sri Lankan Rupee which has a sign od Rs and a currency code LKR. One Sri Lankan rupee is comprised 100 cents. Sometimes, "Rp" and "SLR" are used as currency symbol. History of the currency, The earliest coins in Lanka are known as kashapanas or puranas. These are flat pieces of silver cut from sheets or thin bars and trimmed to the correct weight and then stamped with various punch marks. They can be round, rectangular, square or multi-sided.These coins are flan and often overlap at least one other of the punches. Each punch mark had its own particular meaning and over 300 have been identified by numismatic scholars. The punch marks include many objects including trees, animals, symbols of Buddhist worship, solar and planetary signs. Puranas are also well known from the same period in India but can usually be distinguished from those of Lankan origin by unique combinations of punch mark...