一 | The Sri Lankan government has shut all schools for a week, saying the nation does not have enough fuel to send teachers and children to the classroom, local media reports say.,The country's Education Secretary, Nihal Ranasinghe, instructed the schools to conduct lessons online.,He also said that the schools at the divisional level will be allowed to run classes with fewer students so long as students, teachers and principals are not affected by transportation difficulties, the country's newspaper, The Daily Mirror, reported.,Ranasinghe also announced that the Public Utilities Commission of Sri Lanka (PUCSL) has agreed not to have power cuts between 8am and 1pm to enable online teaching on weekdays.,The department has also announced countrywide power cuts of up to three hours a day from Monday.,Sri Lanka Lifts Qatar Charity Terror Ban as Crisis-Hit Nation Eyes Oil, Gas 30 June, 12:00 GMT,In June the country announced that schools would' shut down for a week thanks to the fuel crisis.,Energy Minister Kanchana Wijesekera on Sunday said the government has ordered new fuel stocks, and the first shipment carrying 40,000 metric tons of diesel is expected to arrive on Friday, whereas the first shipment carrying gasoline will come on 22 July.,Wijesekera also appealed to the country's two million expatriates to send money home through banks to finance new oil purchases.,The minister also revealed that several other fuel shipments were in the pipeline, but authorities are struggling to find $587Mln to pay for the fuel.,"Sri Lanka owed about $800Mln to seven fuel suppliers," he added. The remittance, which usually stood at $600Mln per month, had declined to $318Mln in June, a 53 percent of decline compared with June 2021.,The decline has been seen since last year when the government ordered the mandatory conversion of foreign currency, forcing people to pay extra money.,Many media reports suggest that since then, many people have resorted to the black market to send their cash rather than through official channel.,Want to know more? Check out our Koo & Telegram accounts!,Koo: https://www.kooapp.com/profile/sputniknews,Sputnik India: https://t.me/sputniknewsindia。 Tokyo, Oct 14 (UNI) The Japanese yen touched a 32-year low against the US dollar after official figures showed that prices had risen faster that expected in America.
The yen fell to 147.66 against the US dollar before regaining some ground, BBC reported.
Japanese Finance Minister Shunichi Suzuki said the government will take "appropriate action" against the currency's volatility.
In a rare move last month, Japan spent almost $20bn to prop up the country's struggling currency, the BBC reported.
"We cannot tolerate excessive volatility in the currency market driven by speculative moves. We're watching currency moves with a strong sense of urgency," Suzuki told reporters after attending a G7 finance meeting in Washington.
Last month, Japan intervened in the global currency market to help support the weakening yen.
That move came after the yen hit a fresh 24-year low against the dollar, marking the first time that Japanese authorities had intervened in the currency market since 1998.
The Japanese currency has come under increasing pressure in recent months, mainly due to the very different approach taken by the Bank of Japan in comparison with the US Federal Reserve, the report said.
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