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The Behavior of the Dollar Depends on Market Forces; It Will Balance Out in a Short Time - Deputy Minister of Finance Says
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The depreciation of the rupee against the dollar is not an economic crisis, says Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando. He also said that the military situation in the Middle East has had an adverse impact on the Sri Lankan economy. He stated that this situation is gradually stabilizing and there is no need to panic in this regard. The post Don't panic! – The collapse of the rupee is not an economic crisis – Deputy M…
* Bond yields also fell as the rupee reached the 335 mark... * Temporary demand for the dollar due to the war situation in the Middle East; Treasury says export and tourism revenues are strong.
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