Business
Sri Lanka to act ‘aggressively’ on forex market, take dollar peg to Rs185: Central Bank – EconomyNext
Sri Lanka’s central bank said it would aggressively to bring the rupee to 185 to the US dollar as the currency weakened towards 193 to the US dollar in forex markets…
ECONOMYNEXT – Sri Lanka’s central bank said it would aggressively to bring the rupee to 185 to the US dollar as the currency weakened towards 193 to the US dollar in forex markets in the wake of unprecedented money printing.
“The Central Bank is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable,” the monetary authority said.
“Accordingly, among other measures, the Central Bank will take appropriate action aggressively hereafter to contain this…
-
Business21 hours agoThe ultimate Australian stocks to buy and hold for 10+ years
-
Noosa News22 hours agoNew process turns wheat straw and oat husks into sustainable clothing
-
Noosa News17 hours agoSouthern NSW farmers call for financial relief as ongoing drought takes a toll
-
Noosa News16 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU