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%22Hambantota+Port+funds+could+affect+exchange+rate%22+-+Financial+experts
Wednesday, 27 December 2017 - 14:39
"Hambantota Port funds could affect exchange rate" - Financial experts
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Financial analysts say that the depreciation of rupee against the US Dollar will be slowed down after Sri Lanka received a part of fund related to the share transfer of Hambantota Port.
 
Yesterday, the Central Bank announced that $ 292.1 million received from China was credited to the Dollar Account maintained by them.
 
When contacted, former Deputy Governor of the Central Bank, W. A. Wijewardena said now Sri Lanka could be able to use this funds to settle the debt.
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