LKR Continues to Weaken Against USD in Commercial Banks

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In a concerning development, the Sri Lankan Rupee has experienced a further depreciation against the US Dollar at commercial banks in Sri Lanka today, September 13th, in comparison to the previous day.

Peoples Bank has witnessed an uptick in both the buying and selling rates of the US Dollar, with figures escalating from Rs. 314.72 to Rs. 315.45 for buying, and from Rs. 328.85 to Rs. 329.62 for selling.

Meanwhile, according to the Commercial Bank, the buying rate for the US Dollar has climbed from Rs. 314.73 to Rs. 315.72, while the selling rate has also risen from Rs. 326 to Rs. 327.

Contrastingly, at Sampath Bank, the buying and selling rates of the US Dollar have remained stable, with figures standing at Rs. 318 for buying and Rs. 328 for selling.

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