Sri Lankan Rupee depreciates further

Sri Lankan Rupee depreciates further

April 3, 2020   11:46 am


The Sri Lankan Rupee has further depreciated against the US Dollar, with the speculative behaviour in the market with the spread of COVID-19 outbreak.

According to the Central Bank of Sri Lanka (CBSL) the current selling rate of the US Dollar today (30) stands at Rs. 193.75 and buying rate of the US dollar stands at Rs. 188.55.

The rupee has recorded a depreciation of 4.7% against the US dollar by 30 March 2020, latest External Sector Performance report of the Central Bank of Sri Lanka had outlined.

The Central Bank of Sri Lanka recently introduced urgent measures to ease the pressure on the exchange rate and prevent financial market panic due to the COVID-19 pandemic.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories