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Sri Lanka teeters on economic edge, from pandemic-fueled financial crisis and Ukraine war spillovers

Written by Vidhura S Tennekoon, Assistant Professor of Economics, IUPUI

Fuel has been hard to come by in Sri Lanka lately.AP Photo/Eranga Jayawardena

An unprecedented economic crisis is unfolding in Sri Lanka. And while the country’s problems have been brewing for years, spillovers from the crisis in Ukraine have sent the island nation over the edge.

The Sri Lankan rupee has plunged to a record low against the...

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