Sri Lankan Rupee Depreciates Against US Dollar on July 20, 2023

Date:

The Sri Lankan Rupee experienced a depreciation against the US Dollar at commercial banks in Sri Lanka today (July 20) compared to the previous day.

At Peoples Bank, the buying and selling rates of the US Dollar rose from Rs. 314.34 to Rs. 315.80 and from Rs. 329.80 to Rs. 331.34, respectively.

Commercial Bank reported an increase in the buying rate of the US Dollar from Rs. 315.22 to Rs. 317.20, and the selling rate also rose from Rs. 327.50 to Rs. 328.50.

At Sampath Bank, the buying and selling rates of the US Dollar increased from Rs. 315 to Rs. 317 and from Rs. 328 to Rs. 330, respectively.

Share post:

spot_imgspot_img

Popular

More like this
Related

Regulatory Uncertainty Threatens Foreign Investments amid Economic Fragility

Sri Lanka’s fragile investment recovery faces renewed pressure as...

Cyclone Shock Exposes Power Sector Fault Lines, CBSL Warns

The aftermath of Cyclone Ditwah did more than replenish...

Cyclone Ditwah Exposes Economic Fragility amid Policy Paralysis

Sri Lanka’s post-crisis economic recovery suffered a severe reversal...

China Pumps Millions into Colombo Port City as Policy Chaos Looms

China Harbour Engineering Company (CHEC) has doubled down on...