Sri Lanka rupee hits fresh low of 164.80 per dollar – market sources
Posted by Editor on September 17, 2018 - 2:21 pm
The Sri Lankan rupee fell 0.7 percent and touched a fresh low of 164.80 per dollar on Monday, due to higher dollar demand from importers amid reluctant greenback sales by the exporters, market sources said.
The local currency hit a fresh low for the fourth straight session. It closed at 163.60/70 per dollar on Friday.
The rupee is down 1.5 percent this month and 6.8 percent so far this year.
(Reuters)
Latest Headlines in Sri Lanka
- U.S. to deport 3,065 Sri Lankans amid crackdown on illegal immigrants January 31, 2025
- N.B.M. Ranatunga Resigns as NHDA Chairman January 31, 2025
- Sri Lanka Customs launches 4-day drive to clear container backlog January 31, 2025
- Three shot dead in Hiniduma, Galle January 31, 2025
- Governor Hanif Yusoof files CID complaint against ‘Baseless’ allegations January 30, 2025
Sri Lanka will be ruined.
Please minimize the import thins specially food items which we can cultivate in sri lanka and unnecessary luxury items…
Innocent peoples suffering without foods