Sri Lanka, May 22 -- Few opposition political parties yesterday urged the government to act diligently and manage the sliding of the rupee to save the economy.

Warning that the money market would fall if the sliding of the rupee is not stopped, Samji Jana Balawegaya (SJB) MP Harsha de Silva urged the government to use market intelligence and thereby save the Sri Lankan economy.

"Market could come to standstill as exporters have stopped converting their dollars to rupees as they expect further devaluation. The importers will quickly try to purchase dollars as soon as possible in the face of rupee devaluation. There is no faith in the Sri Lankan money market given today's situation. You have to create faith in the money market using intel...