Managing Director of Lanka Indian Oil Corporation, Manoj Gupta, says that Sri Lanka is undergoing the worst currency depreciation as the price of the US Dollar in Sri Lanka rose by over 50 per cent from Sri Lankan Rupees 203 to Rs 320, resulting in some of the banks charging as high as Rs 345 per USD.
In an exclusive conversation with ANI, Gupta said that the company is currently suffering a loss of Rs 125-120 per litre on diesel. He further said that they need a price revision.
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In an exclusive conversation with ANI, Gupta said that the company is currently suffering a loss of Rs 125-120 per litre on diesel. He further said that they need a price revision.
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