The United States is sending three top officials to Colombo ahead of the United Nations Human Rights Council (UNHRC) sessions in Geneva where Washington is proposing to move a resolution on Sri Lanka.

The Central Bank on Friday finally veered towards IMF calls for a devaluation of the rupee, depreciating the local currency marginally against the US dollar and initiating measures to curb credit growth. Bankers, however, said these measures were unlikely to dampen imports and ease pressure on the US dollar, unless a bigger rupee devaluation was in place through the daily market operations.