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The+rupee+floats%3B+vehicle+prices+increased.
Friday, 23 March 2012 - 12:59
The rupee floats; vehicle prices increased.
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Sri Lanka Vehicle Importers Association states that with the devaluation of the Sri Lankan rupee against the Dollar has resulted in a significant drawback in automobile sales.

The Chairman of the Association Thilak Gunasekara stated to our news team that with the devaluation of the rupee against the dollar, prices of several automobiles have been increased by 30,000 to 40,000 rupees.

Speaking further he added that the demand for purchase of motor vehicle have dropped drastically.

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