The not so cool Rupee depreciation goes on!

Date:

By: Isuru Parakrama

Colombo (LNW): The Sri Lankan Rupee indicates further depreciation against the US Dollar as revealed by today’s (16) exchange rate charts of a number of commercial banks in Sri Lanka.

Bank of Ceylon (BOC) yesterday (15) revealed the buy price of the US Dollar to be Rs. 326 and the sell price Rs. 344, only to indicate further depreciation as Rs. 331 and Rs. 349.54 today (16).

Yesterday, People’s Bank revealed the buy price Rs. 325.26 and the sell price Rs. 344.31, and today, Rs. 327.20 and Rs. 346.37.

The exchange rates of Sampath Bank remain unchanged.

The sell price of the US Dollar has exceeded Rs. 350 in Commercial Bank.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lankans Turn to Crypto amid Regulatory Uncertainty

A quiet but powerful financial shift is taking root...

Dormant State owned Enterprises Emerge as a Major Accountability Crisis

Sri Lanka’s much-publicised state-sector reform agenda is now under...

Japan Cooperation Agency- Dialog Digital Push Poised to Transform Sri Lanka

Sri Lanka’s digital and social development drive is set...

Oman Opens Doors to Sri Lanka as Trade, Investment Prospects Rise

Oman is intensifying efforts to draw foreign investment under...