Sri Lankan rupee down to record low amidst political crisis

Reuters – The Sri Lankan rupee slumped to a record low on Monday (October 29) as growing political turmoil sparked buying of U.S. dollars by importers. Stocks hit a nearly six-week closing high on retail investor buying, but foreign investors exited after President Maithripala Sirisena sacked the prime minister unexpectedly and swore in the former […]

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