Sri Lanka rupee hits record low of 166.00 per dollar – sources
Posted by ONLANKA Newsroom on September 18, 2018 - 1:40 pm
The Sri Lankan rupee fell 0.5 percent and hit an all-time low of 166.00 per dollar on Tuesday, weighed down by higher dollar demand from importers amid reluctant greenback sales by exporters, market sources said.
The local currency hit a fresh low for a fifth straight session on Tuesday. It closed at 165.00/30 per dollar on Monday.
The rupee weakened 2.4 percent this month, and 7.7 percent so far this year.
(Reuters)
Latest Headlines in Sri Lanka
- Italian Ambassador, Sri Lankan Defence Secretary discuss security ties April 30, 2026
- Oil hits highest price since 2022 as Trump to hear new Iran options April 30, 2026
- India plans new rules as digital payment fraud surges April 30, 2026
- Sri Lanka to set up authority to restore Central Highlands April 30, 2026
- Sri Lanka to launch Colombo Electric Train project next year April 29, 2026