The Sri Lankan rupee fell to an all-time low of 171.42 per dollar today, according to the Central Bank of Sri Lanka.
The rupee closed at 169.80/90 per dollar on Wednesday.
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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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