Sri Lanka, May 15 -- The leader of 'Sarvajana Balaya', Member of Parliament (MP) Dilith Jayaweera, states that the Sri Lankan Rupee is currently depreciating even faster than during the country's worst economic collapse.

Speaking at a press conference held today (15), he said the situation has been driven by what he described as an unstructured import-export policy implemented based on external advice rather than a locally formulated economic vision.

He noted that he had previously warned about the expected rise of the US dollar rate and argued that the main issue lies in the lack of a rational trade framework. According to him, vehicles are being imported in US dollars while taxes are collected in rupees, creating a situation where rup...