Rupee indicates appreciative trend against Dollar again

Date:

February 10, Colombo (LNW): The Central Bank of Sri Lanka (CBSL) has released its latest daily exchange rate chart, showing a slight improvement in the value of the Sri Lankan rupee against major currencies.

As of Monday (10), the US dollar was being bought at Rs. 293.18 and sold at Rs. 301.74.

The average value for the US dollar today was recorded at Rs. 297.65, marking a steady decline since the beginning of February.

On February 05, the dollar had reached a high of Rs. 299.14, but it has since been on a gradual downward trajectory, signalling a modest strengthening of the rupee.

In addition, the Australian dollar was exchanged at a buying price of Rs. 181.70 and a selling price of Rs. 190.95.

The current fluctuations in the currency market reflect ongoing changes in global and local economic conditions, and experts suggest that further adjustments may occur as market dynamics continue to evolve.

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