The Hon. (Dr.) Anil Jayantha
Hon. (Dr.) Anil Jayantha said reserve accumulation remains a priority and outlined a diversified export-promotion approach, including tourism and remittances. He stated that the exchange rate operates under a flexible regime, with current volatility around 5.1 per cent, and said Central Bank interventions cannot be pre-announced due to market sensitivity. He maintained that the situation is being managed rather than indicating a crash, while noting links to interest rate dynamics and agreeing to consider the points raised.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Thank you. We are committed to reserve building as a priority. We have presented a diversified strategic framework for export promotion, including prioritizing tourism and leveraging remittances. On the exchange rate, this is a flexible regime. There is no “high volatility” now—about 5.1% this year. The Central Bank employs tools which cannot be pre-announced due to market reactions. This is being managed—not a crash. Interest rate dynamics are linked. We will proceed with reserve accumulation, taking your points into account.
Provenance
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- Hansard, Friday, 9 January 2026 ·No. 23149 ·English daily/uncorrected Hansard
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/lk/speeches/1707
Cite as: The Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 January 2026. No. 23149. Politick, https://staging.politick.io/lk/speeches/1707