Sri Lanka, Nov. 27 -- Since the crisis the country will witness the highest level of reserves by end December with IMF and ADB inflows coming in, Dr Nandalal Weerasinghe told the Monetary Policy Review: No. 06 - November 2025 event held in Colombo yesterday.

He said the currency exchange rate is determined based on the market demand and supply and if there is a high demand for foreign exchange this will reflect in currency. He however said that at the same time remittances, tourism and exports are doing well and as a result a balance between demand and supply is visible. He said there is an exchange rate movement in both ways and a gradual movement is always good. Dr Weerasinghe said vehicle imports were now stabilizing with letter of cr...