The Central Bank of Sri Lanka (CBSL) has warned the public against misleading statements being circulated on money printing, money supply and exchange rates, Newswire reported on Monday.
The monetary authority said such technical subjects should be explained by individuals with the requisite expertise, cautioning that commentary from those without it risks spreading misinformation on monetary policy. It pointed to the rapid spread of short-form digital content on platforms such as TikTok, Instagram Reels and YouTube Shorts as increasingly shaping public understanding of complex economic matters.
The warning lands at a politically charged moment for monetary commentary. The rupee staged its sharpest single-day recovery in years last week, which Bloomberg ranked as Asia’s best gain that session, prompting a flurry of competing claims about the currency’s true value. Opposition figures have been among the most vocal: JVP-aligned MP Bimal Rathnayake said the dollar had fallen from Rs. 340 to Rs. 334, while SJB’s Marikkar warned the rupee was sliding to Rs. 336 as he criticised fuel pricing.
The CBSL did not name any individual or party. Its intervention underscores official sensitivity to public debate over the rupee and money supply ahead of the Central Bank’s policy rate decision, which is due on May 26.
