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JKH had been seeing consistent net foreign selling over the last few months, so the foreign buying may be an indication that sellers have already been washed out. The city of Colombo remains unusually quiet, with curfew during the night making streets almost completely empty. Uncertainty continues to prevail as the government continues fine tuning its response to the security situation.
INTERVIEW: Sri Lanka’s central bank intervened ‘in the last couple of days’ in #FX market after Easter Sunday attacks, @CBSL Governor Indrajit Coomaraswamy tells me #EasterSundayAttacksSL $LKR pic.twitter.com/LOMME8TGL1
— Sri Jegarajah (@cnbcSri) April 25, 2019