Governor of the Central Bank of Sri Lanka (CBSL) Ajith Kabraal told the Times Online that CBSL is closely monitoring markets over the last few days to see whether the dollar rate would reach over Rs 300.
He said that since CBSL adopted a flexible exchange rate recently, there is a possibility of the dollar exchange rate increasing up to Rs 300 during the month of April. Governor said he has advised market participants not to overreact due to the current situation but engage in transactions within certain parameters.
Times online learns that even though the exchange rate at local banks remains at Rs 285 the black market exchange rate has already reached Rs 307.
Popular grade five tuition teacher, Hayeshika Fernando wanted over assaulting a 21 year old youth was granted bail today after she surrendered to courts.
A British national had been arrested over attempting to smuggle in the largest haul of kush( drugs) from Thailand, customs said.
First Bishop of the Batticaloa Diocese, Retired Bishop Joseph Ponnaiya, passed away today at the age of 74, following a brief illness.
The Government of Sri Lanka maintains that the allegation of genocide during the final phase of the conflict in Sri Lanka is unsubstantiated by any credible authority, either nationally or internationally, and is based on misleading information. Sri Lanka firmly rejects this false narrative and believes it has been propagated primarily for electoral gains within Canada.
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