Sri Lanka may accept Indian rupee for local transactions

COLOMBO – Sri Lanka is considering the possibility of allowing the usage of the Indian rupee for local transactions just like the dollar, euro and yen to facilitate Indian tourists and businessmen, Foreign Minister Ali Sabry said on Saturday.

Sabry was briefing the media here on President Ranil Wickremesinghe’s visit to India on July 20-21, his first since assuming office last year. He held talks with Prime Minister Narendra Modi on Friday.

“We have considered the possibility of using the Indian rupees like we accept the dollar, euro and yen,” he said.

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