JANUARY 22, 2019 EST, USA

Sri Lanka rupee 'undervalued' with REER at 96 amid soft-peg collapse - EconomyNext
EconomyNext, 2019-01-22 04:13:00 EST. Sri Lanka's real effective exchange rate (REER) index has dropped below 100 amid a collapse of a soft-peg with the US dollar, forcing the central bank to spend 1.2 billion US dollars to prop up the currency while printing money. More...
Published: Tue Jan 22 17:33:18 EST 2019

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