Foreign exchange crisis | Daily FT

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Daily Financial Times

A major source of foreign exchange is the plantation sector One of the main strategies to solve the current foreign exchange crisis would be to increase export earnings and reduce expenditure on imports. Most of the activities involved are short term while the others are medium/long term. Increase export earnings Increasing exports is of paramount importance to improve the present FE crisis. A major source of FE is the plantation sector. Around 800,000 ha are cultivated with plantation crops tea, rubber, coconut, etc. and this sector, in the last few years earned nearly Rs. 360 billion annuall…

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