The Sri Lankan rupee slumped to a fresh low of 172.05 against the US Dollar today.
Meanwhile, the selling rate stood at 173.38 while the buying rate stood at 169.49, the Central Bank reported.
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The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
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