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* Some Sri Lankan currency notes are of low quality, opposition claims
Thu, Mar 21, 2013, 09:19 am SL Time, ColomboPage News Desk, Sri Lanka.

Mar 21, Colombo: Sri Lanka's main opposition United National Party (UNP) says that the new Rs. 100 currency notes are of low quality.

UNP parliamentarian Ravi Karunanayaka told the media that the Rs. 100 currency notes printed by a company in Latin America are substandard.

He explained that the printing of currency notes was under the purview of the Central Bank of Sri Lanka and the Bank should therefore provide an explanation about the low quality Rs. 100 notes.

According to Karunanayaka, the low quality currency notes had been printed in Latin America when the printing of Sri Lanka's currency notes has been assigned to a private company in the country.

He said the transaction for the Rs. 100 notes to be printed by the Latin American company had been handled by an agent in England and added that the commission money involved in the transaction needs to be looked into as well.



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