CB affirms rupee at 125

31 May 2012 - {{hitsCtrl.values.hits}}

Denying media reports, the Central Bank affirmed that the exchange rate will stabilize below Rs.125 against the US dollar.

Reuters, quoting the Central Bank's Research Department head Swarna Gunewardena, said that that the rupee will stabilize around 132 against the US dollar, without the intervention.

"We wish to categorically deny this claim, which is completely inaccurate and a misinterpretation of facts by the reporter," the Central bank statement said.

Breaking News

CB affirms rupee at 125

Most Popular Articles

Breaking Down the Israel–Iran Conflict: What We Know So Far - Day 100

NIC mandatory for 2026 G.C.E. (O/L) exam applications: Examinations Department

2026 FIFA World Cup Schedule in Sri Lankan Standard Time

Senior lawyers challenge summons issued on High Court Judge

Mother wins three-decade legal battle over property against son

Major food supplier fined for selling expired products

Latest News

Iran says no final decision made on deal that Trump hopes could be signed soon

Mexico defeats South Africa 2-0 in the World Cup’s opening match

Colombo university medicine faculty unveils 80 kW solar energy project

Motor vehicle sale gains exempted from tax under new IRD amendment

FIFA World Cup 2026 Results: Every Match from Group Stage to Final