ECONOMYNEXT – Sri Lanka should control the pressure on the exchange, President Anura Kumara Disssanayake said, presenting a budget for 2026, as the so-called ‘flexible’ exchange rate weakened steadily over 2025, amid current account surpluses. “We saw two billion rupees of imports in September,” President Dissanayake said. “There are inputs for export and also machinery. We have to capture exports. “So we have to control the pressure on the dollar. We have some time.” Sri Lanka’s rupee has weakened from 297.57 to the US dollar by end January 2025 to 304.42 rupees to the end of October 2025, amid record…
Sri Lanka should control the pressure on the exchange rate: President
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