Sri Lanka Crisis

Sri Lanka Open to Using Indian Rupee as Common Currency

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Sri Lanka

President Ranil Wickremesinghe of Sri Lanka expressed openness to using the Indian Rupee as a common currency alongside the US dollar. He made this statement during his address to the Indian CEO Forum, just ahead of his upcoming official visit to New Delhi. President Wickremesinghe, who also serves as Sri Lanka’s finance minister, emphasized the … Read more

India’s assurance over Lanka economic recovery as minister visits Colombo

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India's assurance over Lanka economic recovery as minister visits Colombo

Colombo: External Affairs Minister S Jaishankar on Thursday met Sri Lanka’s top leadership and conveyed India’s commitment to increase investment flows to hasten the debt-ridden island nation’s economic recovery. “Look forward to my discussions with the leadership tomorrow morning,” Mr Jaishankar tweeted after he held talks with his Sri Lankan counterpart Ali Sabry soon after … Read more