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 Lanka Tourism’s Race against Time to Hit 2025 Goals

Sri Lanka’s tourism industry is celebrating a symbolic milestone,...

Browns Investments PLC Expands Maldives Footprint with $57.5m Deal

Browns Investments PLC, the leisure and investment arm inside...

JVP/NPP Backs Refinery Deal it once blocked: Ranwala Saga Haunts Credibility

Sri Lanka’s Sapugaskanda oil refinery, a project long strangled...

Sri Lanka’s Foreign Investment Target: Ambitions Outpace Reality

As Sri Lanka navigates its post-crisis recovery, foreign direct...