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Sri Lanka: Prices of essential commodities rise following currency devaluation

Colombo [Sri Lanka], March 12 (ANI): The prices of a number of essential commodities including fuel and wheat increased significantly on Friday following Sri Lanka’s decision to relax the controls over the value of the Sri Lankan rupee, local media reported.
The Sri Lankan Rupee (LKR) depreciated to LKR 260 per US dollar on Thursday, The Island reported. The Sri Lankan Rupee has depreciated by Rs 57 against USD in a span