Sri Lankan Rupee Further Depreciates Against US Dollar at Commercial Banks

Date:

The Sri Lankan Rupee has witnessed a depreciation against the US Dollar at commercial banks in Sri Lanka today, August 07, compared to last week’s rates.

At Peoples Bank, the buying rate of the US Dollar has risen from Rs. 311.42 to Rs. 312.39, and the selling rate has increased from Rs. 326.74 to Rs. 327.76.

Commercial Bank has also experienced an upward trend, with the buying rate of the US Dollar climbing from Rs. 309.78 to Rs. 312.75, while the selling rate has gone up from Rs. 325 to Rs. 328.

Similarly, at Sampath Bank, the buying rate of the US Dollar has surged from Rs. 313 to Rs. 316, and the selling rate has elevated from Rs. 325 to Rs. 328.

This recent fluctuation in exchange rates may have implications for foreign trade and the overall economy, warranting close monitoring by relevant authorities.

Share post:

spot_imgspot_img

Popular

More like this
Related

SCOPE Concludes with “Echoes of Unity” Closing Event

The closing event of the Strengthening Social Cohesion and...

AKD is Forcing Public Servants to the Barracks

By Adolf  The recent arrest of former Finance Secretary and lawyer...

Indian financial crimes agency freezes Anil Ambani Group properties worth $853 million

NEW DELHI, Nov 3 (Reuters) - India's financial crime...

Land Release in Sri Lanka’s North: Balancing Property Rights with National Security Imperatives

By Major General Dr Boniface Perera Returning civilian property is...