Peace for the World

Peace for the World
First democratic leader of Justice the Godfather of the Sri Lankan Tamil Struggle: Honourable Samuel James Veluppillai Chelvanayakam

Wednesday, November 23, 2011

Sri Lanka devalues currency

BBC21 November 2011

Sri Lanka has devalued its currency by 3%.
The move was announced in the nation's 2012 budget statement released on Monday.
The country's president, Mahinda Rajapaksa, said the move would help Sri Lankan exporters suffering because of the global economic downturn.
It will also help protect Sri Lanka's economic recovery after nearly three decades of civil war. The BBC's Charles Haviland reports.