Sri Lankan Rupee Weakness Intensifying Due to Speculation, Official Says

A slide in the Sri Lankan rupee, Asia’s worst performing currency this month, has intensified due to speculation of further weakening, according to Deputy Minister of Finance Anil Jayantha Fernando.

Bloomberg MarketsMay 201 min readPrimary source

Sri Lankan Rupee Weakness Intensifying Due to Speculation, Official Says — Image · Bloomberg Markets

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A slide in the Sri Lankan rupee, Asia’s worst performing currency this month, has intensified due to speculation of further weakening, according to Deputy Minister of Finance Anil Jayantha Fernando.

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