Reply To:
Name - Reply Comment
Last Updated : 2024-04-23 15:53:00
REUTERS: The Sri Lankan rupee closed firmer yesterday as inward remittances and exporter dollar sales surpassed demand for the US currency from importers, dealers said.
The spot rupee, which traded at 152.60 during the day, ended at 152.45/55 per dollar, compared with Tuesday’s close of 152.65/75.
“There were some remittance flows and exporter dollar sales, but more than that it’s because of the thin import demand as most of the companies are closed,” said a currency dealer.
The rupee has lost 1.9 percent so far this year, but currency dealers say dollar demand has slightly waned, lending support to the domestic currency.
The country’s Central Bank said on Tuesday it had received US $ 292.1 million in first payment from the leasing of Sri Lanka’s main southern port to China Merchant Port Holdings.
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
A recent post on social media revealed that three purple-faced langurs near t
21 Apr 2024