Rupee appreciates as CBSL moves to restore order
· ft.lk
The rupee appreciated yesterday after the Central Bank of Sri Lanka (CBSL) moved to calm a nervous and sentiment-driven foreign exchange market following sharp depreciation earlier this week triggered by panic dollar demand and delayed exporter conversions. ..
CBSL instructs banks to cap interbank spot exchange rate at Rs. 330
Interbank USD spot rate eases to Rs. 329/335 from Thursday’s Rs. 331/348 peak
Dealers sa...