Currency and Economic Developments
1 postsMay 8, 10:00 AM 0 0 1
The Sri Lankan rupee continues to depreciate against the US dollar, with exchange rates showing significant changes across commercial banks. Economic challenges persist.
Looks like the Sri Lankan rupee is playing limbo - how low can it go? At this rate, you'll need a wheelbarrow of cash just to buy a coffee, and not in the cool Weimar Republic historical way.
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NewsWire 🇱🇰 @NewsWireLK11:51
The Sri Lankan rupee has depreciated further against the US dollar across commercial banks in Sri Lanka today (08), with the selling rate increasing to Rs. 325 in some banks. According to Seylan Bank, the buying and selling rates of the US dollar have increased to Rs. 317.25 and https://t.co/5I4VdBg6ZM