Sri Lankan rupee weaker; central bank’s moral suasion caps fall

‘s moral suasion caps fall

Oct 28, 2016 (Reuters) – The Sri Lankan rupee traded weaker on Thursday with the central bank raising the spot reference rate by 50 cents as higher importer dollar demand weighed on the currency, dealers said. However, moral suasion by the central bank prevented a steeper fall, they added. The central bank raised the spot […]