Sri Lankan Rupee Sees Depreciation Against US Dollar at Local Banks

Date:

The Sri Lankan Rupee has experienced a decline in value against the US Dollar at various commercial banks in Sri Lanka today, as compared to the previous day’s rates.

At Peoples Bank, the buying and selling rates for the US Dollar have risen from Rs. 313.85 to Rs. 314.72 and from Rs. 328.60 to Rs. 328.85, respectively.

Commercial Bank reports an increase in the buying rate of the US Dollar from Rs. 314.24 to Rs. 314.73, with the selling rate also rising from Rs. 325.50 to Rs. 326.

Meanwhile, Sampath Bank has seen an uptick in the buying and selling rates for the US Dollar, with rates climbing from Rs. 317 to Rs. 318 for buying and from Rs. 327 to Rs. 328 for selling. This fluctuation reflects the current dynamics of the foreign exchange market.

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...