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

Dairy Industry Slumps Despite Surging Demand  Milk Farmers Face Crisis

The Sri Lankan dairy industry is at a crossroads....

Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...