Sri Lanka's central bank has bought hundreds of millions of dollars from commercial banks that raised loans abroad for rupees through swaps to give then foreign exchange risk protection, creating large volumes of rupees.
Analysts have also blamed large volumes of liquidity from swaps - which for all intents and purposes have the same effect of money printed by purchasing Treasury bills - for recent weaknesses in rupee."In effect these are large capital inflows. In some sense this is a very positive signal," John Nelmes, the head of an IMF mission said.
He also welcome the international investments in SriLanka but it's necessary to solve problems raised form these big investments. | 
Sri Lanka should be careful about the inflationary effects of liquidity created by large foreign exchange swaps with the Central Bank, an International Monetary Fund official said.
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Deputy leader of the Vavuniya Municipal council M.M.Rathan stated by lighting lamps in the Wellamulliwaikal and Karaiyan Mulliwaikal people paid their respect to civilians killed in the final stage of war in year 2009. [
Students of Jaffna University commemorated death anniversary of people killed in the Mulliwaikal war. [
A woman attempted to commit suicide by jumping into a well with her 3 children in Vavuniya this morning. [
Man who has married mother and daughter of same family arrested. [
International community continuously hold debates on genocide attacks carried out by the racist government against Tamil’s in SriLanka. [
Peoples Front has pasted posters in Jaffna Peninsula on urging area residents to celebrate the war victory ceremony. [
The Ministry of Health re-appoints Mrs.Bawani Pasubathi raja has director of the Jaffna Teaching hospital. [
“Mann expressed concern that government forces had given excessive freedom to the LTTE-breakaway “Karuna group,” which was using this freedom destructively. [
There is little doubt that in 2009 the government of Sri Lanka pulled off one of the nastiest episodes of mass killing since the Rwandan genocide – and got away with it. Tens of thousands of civilians were massacred, with barely a trickle of Syria-like imagery emerging from the battle zone, The Australian reported. [