Sri Lanka Rupee Dips in June Despite Strong Yearly Performance

July, 1, 2024

The Sri Lanka rupee recorded a depreciation during June 2024 despite the overall appreciation so far in 2024.

The Sri Lanka rupee appreciated by 6.0 per cent against the US dollar during the year up to 28 June 2024.

However, the rupee depreciated by 1.7 per cent and 1.2 per cent in May and June 2024, respectively.

Meanwhile, reflecting cross-currency movements, the Sri Lanka rupee appreciated against other major currencies, such as the euro, the pound sterling, the Chinese yuan, the Japanese yen, the Indian rupee, and the Australian dollar during the year up to 28 June 2024.

Central Bank of Sri Lanka says this in its latest external sector performance report.

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