The Sri Lankan rupee slipped further against the US dollar as financial markets around the globe continued to feel jitters of coronavirus pandemic.

According to the Central Bank of Sri Lanka (CBSL) the current selling rate of the US Dollar today (03) stood at Rs. 193.75 and buying rate of the US dollar stood at Rs. 188.55.

The rupee recorded a depreciation of 4.7% against the US dollar by 30 March 2020, latest External Sector Performance report of the Central Bank of Sri Lanka outlined.

In this backdrop, The Bank introduced urgent measures to ease the pressure on the exchange rate and prevent financial market panic due to the COVID-19 pandemic.