A Belgian investor to defend Srilankan Rupee

Srilanka Financial position is pre carious financial experts said. To arrest the downward trend on rupee value, Srilanka is in dire need of investors.

One Belgian who was woking with Srilankan partner, come forward to make $ 1 Billion in Dollar deposit in Srilanka to defend the Currency. The investor has promised to transfer the money in two equal instalments from banks in Brussels and Luxembourg.

“Instead of going for bonds and other borrowing, we are permitting it to take place,” Karunanayake said.