Sri Lanka, May 24 -- Sri Lanka Human Rights Centre Executive Director Rajith Keerthi Thennakoon states that the Central Bank of Sri Lanka has intervened to control the rapid rise in the value of the US dollar within the domestic foreign exchange market by taking steps to impose an unofficial capped price for the dollar.

Issuing a statement, he claims that to prevent the continuous depreciation of the rupee, the Central Bank Governor has summoned chiefs of commercial banks and owners of authorised money exchange entities to hold two rounds of informal discussions.

The statement notes that instructions were given during these meetings to maintain the value of the dollar within a range between Rs. 329 and Rs. 335, and that an unofficial co...