Economics
Sri Lanka Central Bank Chief Steps Down Amid Reserves Crisis
- Foreign reserves enough to cover only 1.8 months of imports
- Sri Lanka’s rating outlook cut to negative by S&P Global
Weligamage Don Lakshman
Source: Central Bank of Sri Lanka
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Central Bank of Sri Lanka Governor Weligamage Don Lakshman will step down Sept. 14 as the nation faces a deepening forex crisis that threatens its ability to import goods and service debt.