Rupee has slipped to record lows this week due to importer dollar demand.

25 April 2018 04:12 pm - 14     - {{hitsCtrl.values.hits}}


According to currency dealers, the rupee hit a fresh low of Rs.157.40 against US dollar today, surpassing the previous record low of Rs.157.30 recorded on Tuesday.

As per the Central Bank website, as of today, the buying rate of US dollar was Rs.155.26 and the selling rate was Rs.159.04.

According to the Central Bank, the rupee has depreciated 2.3 percent so far this year. It dropped 2.5 percent last year and 3.9 percent in 2016.

  Comments - 14

  • Labby Wednesday, 25 April 2018 05:30 PM

    Good news for exporters and expatriate workers.

    Saman Wednesday, 25 April 2018 05:34 PM

    What hasn't dropped to record low under this government? Every development aspect in record lows. Still fighting over to keep the power.

    TJ Wednesday, 25 April 2018 05:50 PM

    This is the legacy left behind by the previous regime. Excessive borrowing from China and exorbitant repayment installments, lead to such messy situation. Still the masses are happy with the highways, idle airport and the leased out port.

    Sach Thursday, 26 April 2018 08:46 PM

    Knows nothing about economics. .....this is mismanagement of yahapalas.

    Jagath Leanage Wednesday, 25 April 2018 06:15 PM

    Can we know what was the selling rate on 08th January 2015?

    SL Thursday, 26 April 2018 02:07 AM

    19.71% according to CBSL.

    hans perlee Thursday, 26 April 2018 04:40 AM

    Use Google. Internet is not only for facebook

    Sri Lankan Thursday, 26 April 2018 09:16 AM

    Check with your mum pls?

    Dev Wednesday, 25 April 2018 11:43 PM

    නට නටා වරෙව් ටොයියනෙ නට නටා වරෙව්. තොපිට කන්නට රටක් ඇතේ නට නටා වරෙව්.

    sss Thursday, 26 April 2018 05:17 AM

    let us see the free loading professionals are getting big rupee salaries without contributing anything to the economy. For instance we had medical education for more than 60 years. Not a single industry related to healthcare. And these professionals want to live like professionals in developed countries. So it is up to housemaids to bring in the dollars to maintain their lifestyle.

    ravin Thursday, 26 April 2018 05:20 AM

    Sri Lanka has become a garbage dump of Low quality imports. Funds to be released only if importer is registered taxpayer. This effects legitimate manufacturers and exporters as well. Though we got GSP from EU and USA cost of raw materials are going up and in turn our exports will be high in price.

    Party animal Thursday, 26 April 2018 06:24 AM

    When will it hit 200? We can have a party that day.

    Casanova Thursday, 26 April 2018 09:20 AM

    Dont be naive and sarcastic Dude, think for a second, have you done anything to develop this country? Am sure we all can do something to take this country forward.

    Jude Thursday, 26 April 2018 09:56 AM

    Soon you'll need a Wheelbarrow to carry the money to buy groceries!!??

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