All licensed banks have been asked to devalue the LKR from 203 to 211 per USD
Occurred in Sri Lanka on Aug. 18, 2021 at 9:20 a.m.
Reported by Nishadi Gunatilake via Internet on Aug. 18, 2021 at 10:42 a.m.
Reported by Nishadi Gunatilake via Internet on Aug. 18, 2021 at 10:42 a.m.
# Economic crisis
# Inflation
# Depreciating rupee
This report is Confirmed false
and is of
Medium Priority.
Here is why -
The Central Bank of Sri Lanka (CBSL) has issued a press release on 18th August 2021 stating that there is no basis for such claims, and that the CBSL has not made any change to its stance or the operational arrangements on the determination of the exchange rate.
Resolution added by - Nishadi Gunatilake