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Sri Lankan rupee hits record low of 166.64

2018-09-18 13:34:13
31
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The Sri Lankan rupee today recorded the highest deprecation of Rs.166.64 selling price for US dollar.

According to the foreign exchange rates issued by the Central Bank, the selling price of US dollar is Rs.166.64 while the buying price is shown as Rs. 163.10.


  Comments - 31

  • Srilankan Tuesday, 18 September 2018 13:45

    Omg this is worst than our cricket team!!!!

    Reply : 1       54

    Ravi Wednesday, 19 September 2018 08:38

    This is better than our cricket team becuse they failed to score 166.

    Reply : 0       9

    Arnold Tuesday, 18 September 2018 13:46

    Get ready for another round of price increases.

    Reply : 2       38

    lkboy Tuesday, 18 September 2018 15:34

    Good time for a "rupee depreciation tax"

    Reply : 0       10

    southpaw Tuesday, 18 September 2018 13:51

    The Rupee will naturally shoot when our Politicos order super luxury vehicles and Chairs for their Family and Friends thereby creating a big balance of payment defeceit .

    Reply : 3       40

    observer Tuesday, 18 September 2018 18:57

    Exactly.Our imports exceeds tremendously to our exports. What do you expect. Simple arithmetic.

    Reply : 1       8

    Suresh Tuesday, 18 September 2018 14:02

    Time to leave this country. No joy - cricket, salary, cos of living, and politics

    Reply : 3       52

    sHeHaN Tuesday, 18 September 2018 14:19

    The main reason the USD has strengthened against most Asian currencies including LKR in last few weeks and USD index which measures the strength of he USd has rise to 95 from usual average of 89-90 is the Trade War between USA and China and also the world oil prices have risen steadily which strengthens the USD. As for the SL government it’s only way to defend the LKR is to sell its USD Reseaves, unfortunately SL doesn’t have much left to sell either.

    Reply : 24       32

    Sunil Tuesday, 18 September 2018 15:04

    Other than national assets, which the government is showing a keen desire to sell.

    Reply : 4       18

    Nish Tuesday, 18 September 2018 15:34

    right on. Not only Sri Lankan Rupee but also Indian, 16.5% depreciated during last 3 months.

    Reply : 8       13

    Lokka Tuesday, 18 September 2018 15:41

    Whether US Dollar is appreciating or depreciating the trend since 2015 is for the rupee to depreciate due to bad economic management.

    Reply : 2       21

    Goner Tuesday, 18 September 2018 16:18

    Add to it, the debt repayment in USD will be at its highest starting from this year.

    Reply : 0       12

    Doug Tuesday, 18 September 2018 14:26

    Wait till December, all records will be broken

    Reply : 0       32

    Coolton Tuesday, 18 September 2018 14:38

    OMG!!what is this Ranil Mugabe doing?

    Reply : 7       45

    observer Tuesday, 18 September 2018 19:00

    Planning his next pleasure trip

    Reply : 0       17

    Ammo Happy Tuesday, 18 September 2018 15:48

    Day by day, rupee is going down the drain, but according to yahapalanaya the country is going to reach the heaven with so much economic development..

    Reply : 0       18

    RAK Tuesday, 18 September 2018 15:52

    Government was planing to strengthen the rupee with all the USD cash stashes .. horses and Lamborghini's of MR still they couldn't find them.

    Reply : 1       16

    Dinith Tuesday, 18 September 2018 15:54

    Blame it on the rain (MR)

    Reply : 0       17

    Mano Tuesday, 18 September 2018 15:55

    Similar to SL team, it’s like worst thing

    Reply : 0       12

    MARA Tuesday, 18 September 2018 16:01

    wenasa sapada.... via DM Android App

    Reply : 1       14

    Riza Tuesday, 18 September 2018 16:10

    The BOI Board should be fired for working to personal agendas and no encouraging foreign investment. They are the worst and these cronies of RW should be sent home.

    Reply : 0       12

    Ra Tuesday, 18 September 2018 16:12

    OK , we are comparing with the US Dollars. Just, take the ‘green chillies’ cultivated in your garden or in the farm etc. It has gone to Rs. 1000.00 for a kilo. The ‘murunga’ drum sticks, also at times goes to Rs. 1000.00 for a kilo. Both domestic products mostly, grown in your garden or around. We cannot find fault with the government always.So, what is happening?

    Reply : 16       6

    fortress Tuesday, 18 September 2018 16:29

    please stack your money and buy yourself a wheel barrow you will need bundles of money to do food shopping in a years time.

    Reply : 0       10

    Upul Tuesday, 18 September 2018 17:14

    Yes, that is one option for the users or the Govt. should start printing bigger currency notes like 10K, 50K or 100K.

    Reply : 0       4

    Ceylon Tuesday, 18 September 2018 18:49

    Same as everything in lakja,rupee also down.

    Reply : 0       4

    will Tuesday, 18 September 2018 19:03

    Ranil government directed Ravi to empty coffers of central bank with mahendran and his son Aloysis,to fill them back ,public paying high taxes,even though government unable to stop downward trend of economy

    Reply : 0       7

    Lapaya Wednesday, 19 September 2018 07:05

    Wow. Feeling great as I live in US.

    Reply : 4       0

    Ravi Wednesday, 19 September 2018 08:45

    Big issue is our President can't understand economics, and he is a good poem writer and his prime minister is only knows to talk about WiFi.The Sri Lankan economy is getting deteriorate day by day.

    Reply : 0       1

    JOHN FRAZER Wednesday, 19 September 2018 12:10

    NOT ONLY SRI LANKA ALL WORLD CURRRIENCICES ARE DEPRECIATING AGAINST USDIF YOU ARE TAKEN ANY DOLLER LOANS YOU ARE HIT TWICE

    Reply : 0       1

    Haramanis Wednesday, 19 September 2018 14:04

    Sri Lanka needs to raise some money fast - lets auction off our President and Prime Minister

    Reply : 0       0

    patriot Wednesday, 19 September 2018 17:31

    168 not out.

    Reply : 0       0

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