Central Bank denies rupee devaluation claims - News Summed Up

Central Bank denies rupee devaluation claims


The Central Bank of Sri Lanka (CBSL) yesterday (18) noted that it has observed messages being circulated, that claimed licensed banks have been officially asked to devalue the Sri Lankan rupee with immediate effect. “The general public is hereby informed that there is no basis whatsoever for such claims, and the CBSL has not made any change to its stance or the operational arrangements on the determination of the exchange rate,” a statement released by the CBSL said. The public is also advised not to rely on false and misleading information that is being circulated through social and conventional media, and any official statement issued by the CBSL will be made by the Governor, Deputy Governor, or any other authorised official of the CBSL, identified by name and designation, the Central Bank statement further noted.


Source: The Nation August 18, 2021 18:33 UTC



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