The Sri Lankan Rupee exhibited a slight appreciation against the US Dollar today, September 22, compared to the rates recorded on Thursday.
Peoples Bank reported that the buying rate for the US Dollar dipped from Rs. 317.15 to Rs. 316.91, while the selling rate decreased from Rs. 330.39 to Rs. 330.13.
Similarly, the Commercial Bank noted a decline in both the buying and selling rates of the US Dollar, with rates moving from Rs. 318.67 to Rs. 317.20 for buying and from Rs. 329 to Rs. 328.50 for selling, respectively.
Sampath Bank also registered a reduction in the exchange rates for the US Dollar, with the buying rate sliding from Rs. 319 to Rs. 318 and the selling rate dropping from Rs. 329 to Rs. 328.
This slight appreciation of the Sri Lankan Rupee against the US Dollar may reflect various factors influencing the foreign exchange market and economic dynamics in the region. Traders and economists will be closely monitoring these fluctuations for potential implications on the country’s financial landscape.
