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The Sri Lankan Rupee Weakens Further Against US Dollar

The Sri Lankan Rupee Weakens Further Against US Dollar

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The Sri Lankan Rupee recorded a slight decline against the US Dollar today (11), according to the latest exchange rates released by the Central Bank of Sri Lanka (CBSL).

CBSL data showed that the buying rate of the US Dollar increased from Rs. 324.66 to Rs. 327.67, while the selling rate rose from Rs. 335.39 to Rs. 337.82, indicating a marginal depreciation of the Rupee against the American currency.

Meanwhile, the Rupee strengthened against several major Gulf currencies, including the Bahraini Dinar, Kuwaiti Dinar, and Omani Rial, reflecting improved performance against those currencies despite its decline against the US Dollar.

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