Sri Lankan Rupee further depreciates against US Dollar
Posted by ONLANKA Newsroom on March 21, 2022 - 12:43 pm
The Sri Lankan rupee has depreciated to the lowest value against the US dollar in history today (March 21).
According to the latest exchange rates issued by several private banks in Sri Lanka, the selling rate of the US dollar is at Rs.285 while the buying rate is at Rs.275.
This is the highest selling rate recorded for a US dollar in history.
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The SL Rupee is well on its way to Rs 350 per USD.
Cabaraala economics driving the last nail in the Nation’s coffin !