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The Ceylon tea industry, a vital component of the national economy, is under immense pressure from the proposed 700 Rupee wage increase for tea estate workers. While it is said that the intention behind the wage hike is to improve worker livelihoods, industry experts refer this as a pure political
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Last week’s My View talked about six popular fallacies of currency or exchange rate appreciation which both the authorities and the public have tended to harbour in themselves. Of them, the following three were discussed in detail: Fallacy One: The government can fix the external value of a currency at any level it wishes. Fallacy ...
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