“Plans to appreciate the rupee to 160” – Min. Bandula Gunawardena

“Plans to appreciate the rupee to 160” – Min. Bandula Gunawardena

“Plans to appreciate the rupee to 160” – Min. Bandula Gunawardena

Written by Staff Writer

25 Nov, 2018 | 4:14 pm

Colombo (News1st): Minister of International Trade and Investment Promotion Bandula Gunawardena said the government is preparing a plan to prevent the further depreciation of the rupee. He added that they are also working towards appreciating it to Rs. 160 against the Dollar within a year.

Minister Gunawardena stated this while addressing a media briefing held at the SLPP office in Battaramulla.

On friday (November 23) the rupee depreciated to a record low of Rs. 180.66 against the dollar.

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