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CB governor sees positives for SL rupee
Saturday, 21 July 2012 - 12:24 PM

Central Bank governor Ajith Nivard Cabraal said that Sri Lanka's exchange rate is responding to policy measures taken earlier in the year, as the rupee rose sharply against the US dollar yesterday.

 

Cabraal added that it is as expected, and as consistently maintained, that there will be an appreciation, when the policy measures take effect.

 

The rupee closed around 131.60 yesterday to the US dollar, after opening at 132.70 levels.





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