Author : Admin
The Sri Lankan Rupee was devalued against the US Dollar on 20 June 2000. Which one of the following resulted from this devaluation ?
The number of Rupee that exchanges for a US Dollar increased.
The Number of US Dollar that exchanges for a Rupee increased.
Sri Lankan exports became more expensive to foreigners.
Imports from abroad become cheaper in Sri Lanka.
The cost of living in Sri Lanka decreased.
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