Rupee at record low

27 February 2012 11:21 am Views - 6718

Sri Lanka's rupee hit a record low of Rs.121.20/40 against US dollar today.
 
This was mainly due to importer dollar demand, as the Central Bank stayed away in line with its new policy against intervening to defend a specific price, currency dealers said.
The rupee on Friday closed at Rs.119.90/120.00.