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Sri Lankan Rupee Depreciates Against US Dollar at Local Banks

Source

The Sri Lankan Rupee experienced a depreciation against the US Dollar at various commercial banks in Sri Lanka on September 19, in comparison to rates observed on the previous Monday.

At Peoples Bank, the buying and selling rates for the US Dollar have risen from Rs. 315.93 to Rs. 316.67 and from Rs. 330.12 to Rs. 330.89, respectively.

According to the Commercial Bank, the buying rate for the US Dollar has increased to Rs. 317.68, while the selling rate has climbed to Rs. 328.

Sampath Bank has also witnessed an increase in the buying and selling rates of the US Dollar, now at Rs. 319 and Rs. 329, respectively. This shift reflects the ongoing fluctuations in currency exchange rates, impacting the value of the Sri Lankan Rupee against the US Dollar in the local market.

Source

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