ECONOMYNEXT- Sri Lanka’s rupee can move both ways, Central Bank Governor Nandalal Weerasinghe said, as concerns rose over the depreciation of the rupee in 2025 amid record external current account surpluses and falling budget deficit. “I want to emphasize that under the current exchange rate regime, the exchange rate can move both ways,” Governor Weerasinghe told reporters after the November monetary policy decision. “It is not a one way movement. We have seen even in the last couple of weeks, some depreciation. It has turned around and is stable.” “Gradual movement in both ways is good. We will ensure that…
Sri Lanka exchange rate can move both ways: CB Governor
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