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Which country's currency depreciated over 3% against the US dollar in May 2026, mainly due to the Iran war?

APakistan
BBangladesh
CNepal
DSri Lanka

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Correct Answer: D: Sri Lanka

Explanation: The Sri Lankan rupee depreciated more than 3% against the US dollar by mid-May 2026, primarily due to external economic pressures linked to the ongoing US-Iran war, which disrupted global energy markets and trade routes, affecting import-dependent economies across South Asia.

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