Sri Lanka rupee hits record low of 166.00 per dollar – sources
Posted by Editor 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
- Dr. Maheshi Wijeratne further remanded over corruption allegations July 8, 2025
- Sri Lanka Police faces 28,000 vacancies; 5,000 new recruits approved July 8, 2025
- Sri Lanka PM stresses equal language rights for national unity July 8, 2025
- Sri Lanka President reaffirms commitment to justice for Easter Sunday victims July 8, 2025
- BCC Lanka goes digital after 35 years of manual operations July 7, 2025