Sept 30, 2008 (LBO) Sri Lanka's rupee broke its peg at 107.90 and spiked to 108.35 rupees against the green back on Tuesday after the monetary authority ended a week of heavy intervention that saw more than 100 million dollars flow out of the country.
Sri Lanka's central bank has intervened heavily in currency markets in the past two weeks and injected liquidity to plug reserve outflows, in a process that could have undermined its tight monetary program and put further pressure on the currency.

Wow Sorry Lanka is doing better than India so stop begging them!

One billion dollars from Norway pledged to construct Kandy IBA
by Cyril Wimalasurendre KANDY:
Ven. Galagama Sri Attadassi Anunayake Thera of Asgiriya Chapter, addressing a function at the Sri Dalada Maligawa, said the assistance extended by Norway was appreciated but the support extended to the LTTE by that country could not be approved.

Norwegian Ambassador Tore Hattren was also present on the occasion

The Norwegian embassy pledged a donation of one billion US dollars to the Sri Dalada Maligawa to fund the construction of the International Buddhist Academy to be established at Pallekele.