{"id":64026,"date":"2021-05-08T16:51:59","date_gmt":"2021-05-08T16:51:59","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=64026"},"modified":"2021-05-08T16:51:59","modified_gmt":"2021-05-08T16:51:59","slug":"sustainable-tinkering-of-currency-urged-by-sanath-nanayakkare","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/sustainable-tinkering-of-currency-urged-by-sanath-nanayakkare\/","title":{"rendered":"Sustainable tinkering of currency urged-By Sanath Nanayakkare"},"content":{"rendered":"<h1 style=\"text-align: center;\"><span style=\"font-size: 28px; color: #99cc00;\">Sustainable tinkering of currency urged-By Sanath Nanayakkare<\/span><\/h1>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-64033 aligncenter\" src=\"https:\/\/websitedesigns.com.au\/elankanew\/wp-content\/uploads\/2021\/05\/rupee.jpg\" alt=\"\" width=\"450\" height=\"316\" \/><\/p>\n<p><strong><span style=\"font-size: 20px; color: #800000;\">Source:<\/span><\/strong><span style=\"color: #000000;\"><a style=\"color: #000000; font-size: 20px;\" href=\"https:\/\/island.lk\/sustainable-tinkering-of-currency-urged\/\" target=\"_blank\" rel=\"noopener noreferrer\">Island<\/a><\/span><\/p>\n<p style=\"text-align: justify;\" align=\"LEFT\"><span style=\"font-size: 20px; color: #000000;\">An effort made by policymakers to tinker with the Sri Lanka rupee appears to be working out\u00a0well, at least for a period of time, a forex market participant told<i>\u00a0The Island<\/i>\u00a0yesterday.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"LEFT\"><span style=\"font-size: 20px; color: #000000;\">\u201cAs the week began, almost all the banks were offering the US dollar\u00a0at Rs.199.95\u00a0after being asked not to sell or buy the currency above Rs.200 to the US dollar at meetings with authorities over the last week,\u201d he said.<\/span><\/p>\n<p align=\"LEFT\"><!--more--><\/p>\n<p style=\"text-align: justify;\" align=\"LEFT\"><span style=\"font-size: 20px; color: #000000;\">\u201cBanks\u2019 support has been sought not to sell USD above Rs.200 to importers or buy from exporters above Rs. 200 while giving the banks the assurance that\u00a0forex inflows would be coming in,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\" align=\"LEFT\"><span style=\"font-size: 20px; color: #000000;\">\u201cThe quicker the country gets expected inflows, the more stable the banks would be in issuing dollars to importers as and when they want, without running into a USD shortage, \u201d he said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sustainable tinkering of currency urged-By Sanath Nanayakkare Source:Island An effort made by policymakers to tinker with the Sri Lanka rupee appears to be working out\u00a0well, at least for a period of time, a forex market participant told\u00a0The Island\u00a0yesterday.\u00a0 \u201cAs the week began, almost all the banks were offering the US dollar\u00a0at Rs.199.95\u00a0after being asked not [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":64033,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[34441],"class_list":{"0":"post-64026","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-sri-lanka-rupee","9":"post_format-post-format-aside"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sustainable tinkering of currency urged-By Sanath Nanayakkare<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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