Rupee hits new record low against dollar

The Sri Lanka rupee slumped further to a new low today against the US dollar with the selling rate plunging to Rs. 203.50 per dollar. The previous lowest was Rs. 202.88, which was recorded yesterday, April 7.

According to today’s exchange rate data released by the Central Bank, dollar buying rate was recorded at Rs.199.21 and the indicative rate was Rs. 200.018 against the US dollar.