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Sri Lanka Rupee Soars Most Since 1989 on IMF Hope, Stocks Surge.
- Source :
- Bloomberg.com; 3/7/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Sri Lanka's rupee rallied by the most in over three decades and stocks surged as China's support for the nation's debt plan and the central bank's move to scrap the currency trading band boosted optimism over an International Monetary Fund bailout. The central bank last week widened the currency trading band three times, sparking a rally in the rupee. [Extracted from the article]
- Subjects :
- PUBLIC debts
INVESTORS
INDIAN rupee
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162266442