Lanka IOC last night jacked up prices again Gasoline by Rs. 35/ltr and Gasoil price by Rs. 75/ltr citing Rupee devaluation by over 60% during the last month. LIOC said the rupee is constantly devaluing against the dollar after floating by CBSL since 7 March and reached to Rs. 330 per dollar from the level of 203, making fuel import much costlier. All licenced commercial banks in the country are facing a huge crunch in foreign exchange inflow despite the sharp rupee depreciation. Exporters are not coming forward for conversion of foreign currency even at the rates higher than the official rates…