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A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
A Brief Colonial History Of Ceylon(SriLanka)
Sri Lanka: One Island Two Nations
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Wednesday, November 23, 2011
Sri Lanka devalues currency
21 November 2011Sri 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.
