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SL Rupee Depreciates Against USD

Home Breaking News SL Rupee depreciates against USD 12 June 2023 12:12 pm – 7 – {{hitsCtrl.values.hits}}

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.

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

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

Caveman Monday, 12 June 2023 06:05 PM

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

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.

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

Sivalingam Tuesday, 13 June 2023 09:17 AM

Printing rupees to buy undiyal dollars is not sustainable.

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