Lankan Rupee value indicates depreciation again!

Date:

By: Isuru Parakrama

Colombo (LNW): The Sri Lankan Rupee once again indicates depreciation against the US Dollar as revealed by the exchange rates issued by several leading commercial banks today (26). The depreciation comes in in comparison to the week earlier.

Accordingly, People’s Bank reveals the buying price of the US Dollar has surged to Rs. 299.74 from Rs. 298.77, and the selling price to Rs. 317.47 from Rs. 316.44.

Commercial Bank reveals the buying and selling prices of the US Dollar remain unchanged at Rs. 297.68 and Rs. 316, respectively.

At Sampath Bank, the buying price of the US Dollar has increased to Rs. 300 from Rs. 298 and the selling price to Rs. 315 from Rs. 313.

Share post:

spot_imgspot_img

Popular

More like this
Related

A Strategic Imperative: Restoring the Medical Backbone of the Sri Lanka Army

Narahenpita Military Hospital, an establishment critical in providing a...

Shame on You JVP – Your Slip is Showing

By Adolf  The JVP has long built its political identity...

Sri Lanka’s Banks Show Strength on Paper as Reserves Slip Backward

Sri Lanka’s banking sector, long considered the backbone of...

Colombo Port Gridlock Threatens Sri Lanka’s Export Competitiveness

Sri Lankan exporters are once again facing mounting uncertainty...