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Central Bank of Srilanka Block payment to Fiverr

Central Bank of Sri Lanka is taking various measures to reverse the rupee depreciation. As at Today [19-02-2021], the rupee has depreciated to $ 196.

Rupee depreciation

One of the possible reasons for the rupee’s devaluation is the outflow of Sri Lankan currency. As latest measure it was blocked some online payment facility to various sites to limit outward remittance . Mainly payment to Fiverr.com , The world largest market place .

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