Sri Lanka holds sufficient USD reserves to prevent further dollar appreciation: official
COLOMBO, May 21 (Xinhua) -- Sri Lanka has sufficient stocks of the U.S. dollar to prevent the dollar from rising further and keep the Sri Lankan rupee stable, local media quoting State Minister of Finance Ranjith Siyambalapitiya said.
Siyambalapitiya said here Monday that if the value of the U.S. dollar rose significantly, the Central Bank of Sri Lanka had sufficient stocks to control it.
"The value of th