Sri Lanka central bank has warned the money exchanges that sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked
The International Monetary Fund (IMF) on Friday recommended a number of measures for macroeconomic stability in Sri Lanka and also to mitigate adverse impacts on the vulnerable and the poor.
Amid the ongoing economic crisis in the country, a Sri Lankan expert has held inward policy approaches of the government along with the Chinese strategic trap responsible for the precarious situation, the island country faces.