The tangled diplomacy of Sri Lanka’s currency crisis (Dushni Weerakoon, East Asia Forum)

Sri Lanka ends 2021 with foreign currency reserves in hand (US$1.6 billion) to support a month of imports. For much of the year, a shortage of dollars saw uncleared essential imports piling up at the Colombo port as domestic prices soared. Directions from the country’s central bank to maintain an artificially fixed rate have seen a parallel black market emerge, as businesses have struggled to find hard currency.

The tangled diplomacy of Sri Lanka’s currency crisis (eastasiaforum.org)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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