Imported Vehicle Prices to be Hike

Vehicle Importers’ Association of Sri Lanka (VIASL) said, that the prices of imported vehicles is likely to increase because of the increase in the exchange rates, especially the Japanese Yen . It’s  Chairman Dinesh Senanayake said,  the selling rate of a Japanese Yen is Rs.1/40. “Therefore, a vehicle worth Rs.5 million will be increased by Rs.200,000. This will only effect future vehicle imports.