Mar 19 2012 March 19, 2012 March 19, 2012 NoComment by Administrator

Rupee hits new record low

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The Sri Lankan rupee hit a new low of around Rs.127.00 against the US dollar a while ago, currency dealers said.

The rupee opened at125.50/70 levels against the dollar and moved as low as Rs.127 when dollar sales by a state bank were took place, according to dealers.

As a result, the rupee was later quoted around 126.20/50,  dealers said.

 

Courtesy: DM Online