February, 6, 2019
Sri Lanka’s Rupee closed at Rs. 178.8381 per US Dollar ($) (Central Bank announced Telegraphic Transfer Selling Rate for US Dollar) on Tuesday (5th February 2019) whilst analysts said that Sri Lankan Rupee had appreciated by over 3% so far during the first 36 days of 2019.
Sri Lankan Rupee closed at Rs. 184.6966 per US Dollar ($) on 31st December 2018, recording over 19% depreciation against US Dollar during the entire year 2018. Further Sri Lankan Rupee had depreciated by over 30% against the US Dollar ($), from Rs. 133 per US Dollar ($) levels to Rs. 184 per US Dollar Levels from December 2014 to December 2018 in four years.
- Reporting by Devendra Francis
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