UNP Leader and former Prime Minister Ranil Wickremesinghe
UNP Leader and former Prime Minister Ranil Wickremesinghe yesterday predicted that the value of the rupee will increase to Rs. 300 against the dollar by end of the year.
In a statement regarding the risk faced by the country, the former Prime Minister and MP said the true value of the dollar in the market is over Rs. 250 at present.
“The economy is still deteriorating. The dollar deficit has not been resolved. The rupee deficit has not been resolved yet. Today the real value of the rupee is actually Rs. 250 to the dollar. Even more so. This way it can go up to Rs. 275. If we do not stop there, it will reach Rs. 300 before the end of the year,” he said.
The middle class is facing hardship, many are being pushed down the economic ladder and lives are hard. The agriculture sector has been destroyed. Small and big…