INTERVIEW-Sri Lanka cbank to defend rupee, devaluation one-off

Newswire

* President assures devaluation is one-off-cbank * Finmin, cenbank opinion on rupee differs * Policy rates still appropriate-Cabraal By Shihar Aneez COLOMBO, Nov 25 (Reuters) - Sri Lanka's central bank on Friday said it will sell dollars from its foreign exchange reserves to defend the rupee currency after it was devalued 3 percent this week and may allow appreciation if inflows push back depreciation pressure. Central Bank Governor Ajith Nivard Cabraal said President Mahinda Rajapaksa has ...

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