ECONOMYNEXT – Sri Lanka’s central bank has bought 250.8 million US dollars from the people in December 2025 creating new money and sold only 28.3 million dollars back to them, official data shows, depreciating the rupee by close to three unit to the dollar in the process. The rupee ended the year a tad shy of 310 to the US dollar in the spot market with some moral suasion being used. RELATED : Sri Lanka rupee ends 2025 depreciated to 309.50/60 to US dollar amid moral suasion There has been a narrative spread in the island by macro-economists that the…
Sri Lanka central bank buys US$250mn in Dec, depreciating rupee
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