According to daily exchange rate data, Commercial Bank led the downward shift in rates, recording the most substantial appreciation. The bank's buying rate fell by Rs. 6.45 to stand at Rs. 323.60, while its selling rate dropped by Rs. 6.50, bringing it down to Rs. 334.50 from a previous high of Rs. 341.00.
Other leading banking institutions followed a similar downward trajectory. NDB Bank reduced its buying and selling rates by a flat Rs. 4.00, placing its new buying rate at Rs. 327.00 and its selling rate at Rs. 336.00. Meanwhile, state-owned People's Bank adjusted its buying rate to Rs. 326.02 (a decrease of Rs. 3.93) and its selling rate to Rs. 336.28 (a decrease of Rs. 4.05).
Seylan Bank reported the mildest correction among the featured institutions, lowering both its buying and selling rates by Rs. 2.50. This brought Seylan's buying rate to Rs. 325.25 and its selling rate to Rs. 337.00.