INTERVIEW-Sri Lanka rupee rate should be market-driven

Newswire

* Rupee devaluation long overdue - treasury sec * Devaluation to cut trade deficit * ITC to invest $450 mln in hotel By Shihar Aneez COLOMBO, Nov 24 (Reuters) - Sri Lanka's rupee exchange rate should be driven by market forces except in cases of volatility, but this week's 3 percent devaluation was necessary medicine to ease a ballooning trade gap, the country's finance secretary said on Thursday. Finance Ministry Secretary P.B. Jayasundera, the top technocrat in the island nation's finance ...

Premium Content (PAID Subscription Required)

"INTERVIEW-Sri Lanka rupee rate should be market-driven" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×