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Sri Lankan Rupee Holds Steady Against US Dollar Across Banks

In a reassuring development for currency markets, the Sri Lankan Rupee has maintained its stability against the US Dollar at various commercial banks in Sri Lanka today, August 11th, as compared to the previous day.

At Peoples Bank, the exchange rates for the US Dollar remain consistent, with buying and selling rates holding steady at Rs. 311.42 and Rs. 326.74, respectively.

Commercial Bank reports a similar trend, with the buying rate for the US Dollar remaining unchanged at Rs. 309.78. The selling rate also remains steady at Rs. 325.

However, at Sampath Bank, slight fluctuations are noted. The buying rate for the US Dollar has increased from Rs. 314 to Rs. 315, while the selling rate has risen from Rs. 326 to Rs. 327.

These steady or marginally adjusted exchange rates suggest a degree of stability in the currency markets, providing a sense of confidence to traders and investors alike.

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