Sri Lankan Rupee further depreciates against US Dollar
Posted by Editor on March 21, 2022 - 12:43 pm
The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (March 21).
According to the latest exchange rates issued by several private banks in Sri Lanka, the selling rate of the US dollar is at Rs.285 while the buying rate is at Rs.275.
This is the highest selling rate recorded for a US dollar in history.
Latest Headlines in Sri Lanka
- Governor Hanif Yusoof files CID complaint against ‘Baseless’ allegations January 30, 2025
- Sri Lanka’s 77th Independence Day celebrations open to public January 30, 2025
- Former Public Administration Secretary Priyantha Mayadunne arrested January 30, 2025
- Sri Lankan Prime Minister stresses humanitarian focus in “Clean Sri Lanka” program January 30, 2025
- Industry Minister Handunnetti reviews Lanka Mineral Sands factory operations January 30, 2025
The SL Rupee is well on its way to Rs 350 per USD.
Cabaraala economics driving the last nail in the Nation’s coffin !