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Commercial banks reveal LKR depreciation against USD

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By: Isuru Parakrama Colombo (LNW): The Sri Lankan Rupee indicates depreciation against the US Dollar at leading commercial banks in Sri Lanka today (12). At Peoples Bank, the buying price of the US Dollar has surged to Rs. 288.06 from Rs. 285.14, and the selling price to Rs. 305.11 from Rs. 302.11.
At Commercial Bank, the buying price of the US Dollar has increased to Rs. 288.02 from Rs. 286.04, and the selling price to Rs. 303 from Rs. 301.
At Sampath Bank, the buying price of the US Dollar has increased to Rs. 290 from Rs. 288, and the selling price to Rs. 302 from Rs. 300.
Today’s depreciation comes in in comparison to the appreciation evident last Friday (09).
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