Why did the Rupee depreciate by over 16% in 2018?

Colombo (News1st): The Sri Lankan Rupee plunged further to an all-time low against the US Dollar yesterday (December 29), as the selling price reached Rs. 184.07. When Ravi Karunanayake was sworn in as the Minister of Finance in January 2015, the Sri Lankan rupee stood at 134.03 rupees against the US Dollar. During his tenure […]

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