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Last Updated : 2024-05-13 12:12:00
3 March 2023 01:43 pm - 11 - {{hitsCtrl.values.hits}}
Samagi Jana Balawegaya (SJB) MP Harsha de Silva today welcomed the action of the Central Bank to ensure the stability of the Sri Lankan rupee.
“Kudos to the Central Bank for sticking to the plan. It’s working. As detailed in our Samagi Jana Balawegaya (SJB) economic Blue Print in which we have said continued relaxation of restrictions will help move the rate to a stable equilibrium, with further action as per our document,” Dr. de Silva said in his Twitter message.
“ Balance of payment difficulties and black market premium in the official forex market will be eliminated by adjusting the exchange rate to the equilibrium ( market)level. This can be done through a transitional phase if floating the currency to permit market to reveal the equilibrium rate, and then stabilizing that rate through Central Bank intervention in the forex market,” he added quoting the SJB blueprint.(Yohan Perera)
SJB distractor does not accept tax increases are good Friday, 03 March 2023 02:56 PM
The stabilising is due to government doing tax collection and not making Treasury do money printing. Harsha is trying to distract after the SJB is was constantly complaining about the tax rates. Now with IMF also batting for the tax rates, SJB has to point to others as the good doer.
Dee Friday, 03 March 2023 02:59 PM
Now talking as the if he was instrumental in the current recovery! These people did nothing but disrupt the recovery. (In order to win the election)
Citizen Friday, 03 March 2023 03:10 PM
Big talker who evaded the responsibility when the country was in difficult situation has opened his mouth. Talk only no action
Milroy Peter Friday, 03 March 2023 03:26 PM
Prices of food also need be reduced and products when the rupee becomes stronger soon as possible
Foolish Friday, 03 March 2023 03:36 PM
Show man...
Sandy Friday, 03 March 2023 03:43 PM
Harsha should contest the next presidential election instead of sajith. Sajith is a selfish unpatriotic person.
Born again Friday, 03 March 2023 03:46 PM
Harsha is a capital kotiraja pawn. Harsha should first convince Jalani Premadasa to return the property she is illegally occupying, the JAAL spa is Colombo 7.
Ranasinghe Friday, 03 March 2023 05:04 PM
president did a great job. USD will drop further to 250 nearest future
Rise against USD only short term Saturday, 04 March 2023 09:27 AM
USD falling that far, impossible to believe. The money printing has devalued the rupee, and unless the printed money is taken out, which the CBSL can do, rupee might rise a little for a while, then it will go down as it has for the last 30 years.
Peminda Friday, 03 March 2023 10:08 PM
Hope the decline in the rate is gradual to give time for foreign earnings to be received at a good rate. Otherwise hard working middle east workers may lose out in rupees.
Tissa Fernando Saturday, 04 March 2023 03:23 AM
Harsha thinks that he is a super man without any achievement against his name. A big headed guy who cannot even lead a meeting properly.
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