• Sat. May 18th, 2024

Sri Lankan rupee appreciates by nearly 20% aginst USD

As of last As per the Central Bank data, the buying rate of a US dollar was Rs.295.62 while the selling rate was Rs.305.82 according to the Central Bank.

In addition, the Sri Lankan rupee appreciated against the Japanese yen by 26.4 percent, the pound sterling by 17.0 percent, the Euro by 18.9 percent, and the Indian rupee by 19.7 percent during this period.

Sri Lanka’s rupee lost nearly 80 percent in 2022 against the US dollar after the Central Bank free-floated the currency.

Sri Lankan rupee appreciated against the US dollar by 19.8 percent so far during the year amid increased inflows and Central Bank trimming USD purchases.

As of last As per the Central Bank data, the buying rate of a US dollar was Rs.295.62 while the selling rate was Rs.305.82 according to the Central Bank.

In addition, the Sri Lankan rupee appreciated against the Japanese yen by 26.4 percent, the pound sterling by 17.0 percent, the Euro by 18.9 percent, and the Indian rupee by 19.7 percent during this period.

Sri Lanka’s rupee lost nearly 80 percent in 2022 against the US dollar after the Central Bank free-floated the currency.

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