Why Is the Sri Lankan Rupee Weakening in 2026? A Bloomberg Analysis

Why Is the Sri Lankan Rupee Weakening in 2026? A Bloomberg Analysis

The Sri Lankan rupee has emerged as Asia’s worst-performing currency this month, with its slide intensifying due to speculation of further weakening, according to Sri Lanka’s Deputy Minister of Finance Anil Jayantha Fernando. In an interview with Bloomberg, the minister highlighted that importers are aggressively buying dollars while exporters are delaying the conversion of their […]