Sri Lankan Rupee Hits Monthly High at LKR 303.41 per USD
Colombo, September 10, 2025 β The Sri Lankan Rupee (LKR) has recorded a new monthly high against the US Dollar (USD), reaching LKR 303.41 per USD today, according to market data.
This marks the highest exchange rate for September 2025 so far and indicates renewed pressure on the local currency after months of relative stability.
Summary of Recent Historical Highs
Period | Rate (LKR/USD) | Date |
---|---|---|
All-Time High | 372.00 | May 2022 |
Todayβs Rate | 303.41 | September 10, 2025 |
Highest This Month | 303.41 | September 10, 2025 |
Factors Influencing the USD/LKR Exchange Rate
Several key factors continue to influence the fluctuations in the USD to LKR exchange rate:
Inflation: Persistent inflationary pressures in Sri Lanka can erode the value of the rupee.
Interest Rates: Rising rates can attract foreign investment, helping the LKR, but global rates also play a role.
Trade Balance: A widening trade deficit can weaken the rupee, while strong exports may support it.
Foreign Debt Repayments: As Sri Lanka resumes loan repayments in 2025, demand for USD has increased.
Remittances & Tourism: Strong inflows help offset pressure but remain sensitive to global trends.
Political & Economic Stability: Market confidence is closely tied to ongoing economic reforms and governance.
Market Sentiment & Speculation: Short-term investor actions continue to cause volatility.