The Sri Lankan Rupee is now one of the world’s fastest growing currencies.
State Minister of Finance Dr. Ranjith Siyambalapitiya says that the Sri Lankan rupee has now become one of the fastest growing currencies in the world.
The minister points out that only in the first four months of this year; the rupee has achieved remarkable growth in comparison with all other currencies in the world. In the first four months, the rupee has gained 9.1% against the US dollar and has gained 12.7% against the euro. The State Minister of Finance says that the Rupee has gained 10.8% against the Sterling Pound and 11.4% against the Chinese Yuan. The minister further mentioned that the rupee has grown by 21% compared to the Japanese yen and by 9.5% compared to the Indian rupee and has grown by 14.2% compared to the Australian dollar.
Sri Lankan State Minister of Finance Dr. Ranjith Siyambalapitiya has announced that the Sri Lankan rupee is one of the fastest growing currencies in the world. In the first four months of this year, the rupee has seen significant growth, gaining 9.1% against the US dollar, 12.7% against the euro, 10.8% against the Sterling Pound, 11.4% against the Chinese Yuan, 21% against the Japanese yen, 9.5% against the Indian rupee, and 14.2% against the Australian dollar. This growth shows the strengthening of the Sri Lankan economy and currency in the global market.