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Economy, Currency and Foreign Trade

monetary unit, coconut products, Sri Lankan rupee, semiprecious stones, graphite

The Sri Lankan rupee, consisting of 100 cents, is the monetary unit (77 rupees equal U.S.$1; 2000 average). Imports in 2000 cost $6.8 billion and exports earned $5.1 billion. The chief exports were tea, rubber, coconut products, clothing, graphite, petroleum products, and precious and semiprecious stones. Foodstuffs, mainly rice, flour, and sugar, make up a significant share of imports. Other imports include petroleum products, machinery, building materials, textiles, and transportation equipment. Leading purchasers of Sri Lanka’s exports are the United States, the United Kingdom, Japan, Germany, and Belgium; chief sources of imports are India, Japan, South Korea, Hong Kong, and Taiwan.



Article key phrases:

monetary unit, coconut products, Sri Lankan rupee, semiprecious stones, graphite, petroleum products, South Korea, cents, sugar, tea, textiles, clothing, Japan, rubber, Hong Kong, Belgium, India, Germany, machinery, United States, United Kingdom, materials

 
 

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