Are we facing a rupee crisis?

Thursday, 3 May 2012 01:52 - - {{hitsCtrl.values.hits}}

By Cheranka Mendis

While the rupee has been hitting record lows on a continuous basis for the past few months, the business community and general public have been abuzz, with speculation rife that a rupee crisis is taking place in the country.

Gathered to discuss whether or not there is a rupee crisis and if so what measures should be implemented to emerge from it without too much of an impact, Sambhashana, an outreach and advocacy program series organised by Transparency International Sri Lanka (TISL), conducted a forum titled ‘Rupee Crisis’ at the Organisation of Professional Associations (OPA) last month.