State Minister of Money and Capital Markets Ajith Nivard Cabraal said yesterday that there was no relationship between money printing by the Central Bank of Sri Lanka and the depreciation of the local rupee in the foreign currency market.
Minister Cabraal made this comment while responding to questions during an interview on Swarnawahini television.
When asked whether the value of the Sri Lanka rupee showed a negative correlation to a surge in money printing by the Cental Bank as the Opposition claimed, the state minister replied, “Generally, people say it maybe because they don’t know. The issue is when those that claim to be in the know of these matters also say the same thing.”
PS Someone told me not to be surprised by another statement by the other expert Pani Sumane saying that....
"There is no relationship between Sex and Pregnancy"
Minister Cabraal made this comment while responding to questions during an interview on Swarnawahini television.
When asked whether the value of the Sri Lanka rupee showed a negative correlation to a surge in money printing by the Cental Bank as the Opposition claimed, the state minister replied, “Generally, people say it maybe because they don’t know. The issue is when those that claim to be in the know of these matters also say the same thing.”
PS Someone told me not to be surprised by another statement by the other expert Pani Sumane saying that....
"There is no relationship between Sex and Pregnancy"
