Sri Lanka, Aug. 29 -- The Central Bank of Sri Lanka (CBSL) marks its 75th anniversary today, a milestone in the nation's economic journey. Established on 28 August 1950 under the Monetary Law Act, the Bank replaced the colonial currency board. Its first Governor, John Exter, gave it a clear mission: keep prices stable, protect the financial system, issue currency, and advise the Government.

Since then, the CBSL has grown into the backbone of the country's financial system. It supervises banks and finance companies, manages public debt, and safeguards the savings of millions. It also oversees payment systems-from the high-value LankaRTGS to retail platforms like LankaPay-helping businesses and individuals move money quickly and securely. ...