2 years, 6 months ago
Ranil Wickremesinghe sworn in as Sri Lanka’s interim president
Live MintRanil Wickremesinghe was today sworn in as Sri Lanka's interim president until Parliament elects a successor to Gotabaya Rajapaksa. 73-year-old Wickremesinghe was sworn in as the acting president of Sri Lanka before Chief Justice Jayantha Jayasuriya, the prime minister’s office said in a statement. Sri Lanka is going through the worst economic crisis since its independence from Britain in 1948 and needs to obtain at least USD 4 billion to tide over the acute shortage in foreign exchange reserves. The island nation's inflation topped 50 per cent in June after two years of money printing and an attempted float botched with a surrender requirement which sent the rupee sliding to 360 to the US dollar from 200.
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