LKR indicates further depreciation against USD

Date:

By: Isuru Parakrama

Colombo (LNW): The Sri Lankan Rupee today (27) has once again indicated a slight depreciation against the US Dollar, revealed the Exchange Rates by the Central Bank of Sri Lanka (CBSL).

Accordingly, the buy price of a US Dollar is Rs. 314.82, and the sell price, Rs. 332.58.

The slight depreciation appears days after the Sri Lankan Rupee indicated an irregular fluctuation against the US Dollar, wobbling between appreciation and depreciation since the drastic drop of the value of the foreign currency three weeks ago.

Meanwhile, the US Dollar is said to be sold for higher prices in the black market, according to sources.

Share post:

spot_imgspot_img

Popular

More like this
Related

Govt Reconsiders Minimum Wage Policy for Migrant Workers Amid Rising Concerns Over Exploitation

The Sri Lankan government is reassessing the possibility of reintroducing...

Sri Lanka Charts Reform Path at High-Level IMF Conference

The Central Bank of Sri Lanka (CBSL), in collaboration...

Sri Lanka Pushes for Regional Aviation Alliances and Airport Expansion

Sri Lanka is ramping up its efforts to transform...

Sri Lankan Listed Companies Record 57% Profit Surge in March Quarter

Sri Lanka’s listed companies reported a robust 57.4% year-on-year...