The central bank has bought around $400 million from the market in the first three months of this year to help build reserves and repay some debt.
moreCOLOMBO, April 20 (Reuters) - The Sri Lankan rupee closed weaker in a holiday-shortened trading session on Friday, weighed down by mild importer demand for the greenback, dealers said.
moreEarlier this month, the country's central bank governor said if the inflation rate could be maintained between 4 percent and 5 percent, the depreciation in the rupee would be around 2 percent or 3 percent. Dealers said they expected no impact from the ...
moreCOLOMBO, April 17 (Reuters) - The Sri Lankan rupee on Tuesday touched an all-time low on dollar demand from importers, while exporter sales of the greenback were low due to extended holidays in corporate houses after the new year festival, dealers said ...
moreCOLOMBO, April 16 (Reuters) - The Sri Lankan rupee fell in light trade on Monday on importer dollar demand, while selling of the U.S.
moreCOLOMBO, April 9 (Reuters) - The Sri Lankan rupee ended marginally weaker on Monday on dollar demand for oil and vehicle imports, but the local currency is expected to bounce back on inflows from inward remittances ahead of the traditional festival ...
moreCOLOMBO, April 5 (Reuters) - The Sri Lankan rupee ended stronger on Thursday on exporter dollar conversions and inward remittances, as Prime Minister Ranil Wickremesinghe surviving a no-confidence motion boosted sentiment, dealers said.
moreCOLOMBO, April 4 (Reuters) - The Sri Lankan rupee closed weaker on Wednesday, for a second straight session, as bank dollar buying to facilitate equity related outflows surpassed exporter dollar sales and inward remittances, dealers said.
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