Sunday, October 21, 2018 08:53:05 AM

Money Talks: some facts around the depreciation of the Sri Lankan rupee

By Groundviews - Sat Sep 22, 5:32 am

The Sri Lankan rupee has depreciated against the US dollar on several occasions this year first on June 11 and then on June 20. Its value currently stands at Rs. 161.1782. Reports that the value of the rupee was falling again began the week of September 17, when it was at Rs. 165.34, and continued till the 21st, where it now stands at Rs. 170.56 against the dollar.

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