Decision to float the dollar, not a wise thing to do at this moment
Saturday, March 12th, 2022Chanaka Bandrage Since September last year the government kept the Rs/US Dollar rate static (Rs 203 = US$1). Sri Lanka being imports driven country, this artificial arrangement served the country well – it kept the inflation under watch. It was a very clever achievement by the government (solely due to the efforts of the Central […]
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