ECONOMYNEXT – Sri Lanka’s central bank has bought 90 million US dollars in November 2025 creating new money and returned only 16.5 million dollars to importers who used the money, official data shows. The central bank bought 74.3 million US dollars on a net basis in November after collecting 45.5 million dollars in October, also depreciating the rupee. In October the rupee fell from 302 to 304 to the US dollar and in November from 304.40 to close to 307.80 to the US dollar in the spot market as the dollar were bought. Unlike any other party, when the central…
Sri Lanka central bank buys $90mn in November, rupee depreciates
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