Sri Lankan rupee outpaces emerging market currencies in Q1 2024
April 13, 2024 12:04 pm
Sri Lankan rupee (LKR) has emerged as the top-performing currency among emerging markets during the first quarter (Q1) of 2024, the President’s Media Division (PMD) says.
Citing Bloomberg market data, the PMD added that the rupee boasted a remarkable spot return of over 7% by outpacing the emerging market currencies during this period.