SL Rupee depreciates against USD

12 June 2023 12:12 pm Views - {{hitsCtrl.values.hits}} 7 Bookmark

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The Sri Lankan Rupee (LKR) has depreciated against the US Dollar (USD) today compared to last week, according to the Central Bank of Sri Lanka.

Accordingly, today's buying rate of USD is Rs 290.06 while the selling rate is Rs. 303.73.

Last Friday's buying rate of USD was Rs. 288.08 while the selling rate was Rs. 301.12.

Buy and Sell Exchange Rates

Date	Buy Rate (LKR)	Sell Rate (LKR)
2023-06-12	290.0692	303.7392
2023-06-09	288.0867	301.1291
2023-06-08	285.6900	298.9191
2023-06-07	285.5677	298.4378
2023-06-06	284.8487	297.9434
2023-06-05	285.6164	298.8583

Comments - 7

A Monday, 12 June 2023 03:49 PM

This should not be news everyday. Come editor u don't have anything else. This is market foreces.

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Lion Monday, 12 June 2023 04:03 PM

This is not a surprise when import restrictions are relaxed and foreign loans are being paid the strength of the rupee will start to decrease rapidly

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Ram Monday, 12 June 2023 04:22 PM

We had accumulated the money that our brothers and sisters working overseas sent. So the Rupee gained against USD. Now we have slowly started to use that money. Rupee is dropping in value against USD

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Caveman Monday, 12 June 2023 06:05 PM

The never ending depreciation... One and only Island in the world.

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Ranil Monday, 12 June 2023 07:06 PM

Why not publish the debts that are long overdue and the money printing also because they are needed to give a picture of reality.

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Frederick Tuesday, 13 June 2023 05:57 AM

Government is not making any effort to develop businesses to replace imports or export oriented businesses. I cannot expect the rupee to maintain it's strength

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Sivalingam Tuesday, 13 June 2023 09:17 AM

Printing rupees to buy undiyal dollars is not sustainable.

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