Sri Lankan Rupee Holds Steady Against US Dollar in Local Banks

Date:

The Sri Lankan Rupee has demonstrated stability against the US Dollar at commercial banks across Sri Lanka today (August 24), maintaining its position from the previous day.

At Peoples Bank, the buying and selling rates for the US Dollar have experienced a marginal decrease, shifting from Rs. 315.80 to Rs. 315.56 for buying and from Rs. 330.63 to Rs. 330.38 for selling.

Commercial Bank, on the other hand, reports that the buying and selling rates for the US Dollar have remained consistent at Rs. 315.70 and Rs. 328, respectively.

Similarly, Sampath Bank has reported unchanged rates for the US Dollar, with buying and selling prices holding steady at Rs. 317 and Rs. 328, respectively.

The stability of the Sri Lankan Rupee against the US Dollar in the local banking sector comes as a reassuring sign, contributing to an environment of economic predictability in the country.

Share post:

spot_imgspot_img

Popular

More like this
Related

From Megaphones to Motorcades: Can AKD Deliver the ‘New’ Sri Lanka?

By Faraz Shauketaly This morning taking a long, hard look...

Unified Brand, Rising Revenues, But Can Tourism Deliver?

Sri Lanka’s tourism sector is once again being presented...

Official Creditor Committee Clears SriLankan Airlines Debt Deal, Risks Remain

Sri Lanka has crossed another sensitive checkpoint in its...

GovPay’s Digital Gains Buffer Fiscal Strain after Cyclone

As Sri Lanka grapples with rising public expenditure following...