Depreciation of rupee to affect bus fare revision
Sri Lanka, May 21 -- The depreciation of the rupee directly affects the annual bus fare revision scheduled to take place next June. Lanka Private Bus Owners' Association Chairman Gemunu Wijeratne expressed this.
Accordingly, he stated that the minimum bus fare of 30 rupees should increase to 40 rupees.
Meanwhile, the prices of imported essential food items are rising significantly due to the depreciation of the rupee. Essential Food Commodities Importers and Traders Association Secretary P. Subramaniam noted this.
Likewise, with the increase in the price of imported milk powder, the price of a cup of milk tea will also increase by 5.00 rupees. All Island Canteen and Restaurant Owners' Association Chairman Harshana Rukshan said this yes...
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