News Sri Lanka Exchange rate: Sri Lanka to issue US$1 billion in relief amid soaring food prices as foreign exchange reserves dwindle
Published on: Tuesday 04 January 2022
News source: https://www.scmp.com/news/asia/south-asia/article/3162024/sri-lanka-issue-us1-billion-relief-amid-soaring-food-prices?module=live&pgtype=homepage
The move seeks to calm public anger about rising prices of wheat, sugar and milk powder, which the island nation is struggling to purchase from abroad as the local currency depreciates and inflates ...
News Sri Lanka Exchange rate: Sri Lanka labour minister fails to hike parallel exchange rate for migrant workers
Published on: Tuesday 04 January 2022
News source: https://economynext.com/sri-lanka-labour-minister-fails-to-hike-parallel-exchange-rate-for-migrant-workers-89357/
Sri Lanka cabinet has rejected a proposal by the Labour Minister NimalSiripala de Silva to increase the per dollar rate to 240 rupees for migrant workers to discourage them from going to informal ...
