Author: Arvin Jayasuriya
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Rupee Only: Sri Lanka’s Crackdown on Domestic Dollar Deals and What It Means for Everyday Life
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in Latest NewsOn a gray Thursday in mid-February, the Central Bank of Sri Lanka issued a short, uncompromising press release: residents must transact with one currency inside the country the Sri Lankan rupee. The statement, which threatened fines of up to LKR 25 million and up to three years’ imprisonment for violations, was written as a simple
