Rupee strengthens against USD

Colombo, June 10 (Daily Mirror) - The Sri Lankan Rupee recorded a notable appreciation against the US Dollar across several commercial banks today (10), compared to Tuesday, with the selling rate falling below Rs. 336 at some banks.

According to exchange rate data, Commercial Bank recorded one of the sharpest declines in exchange rates, with the buying rate falling from Rs. 329.93 to Rs. 319.50 and the selling rate dropping from Rs. 341.00 to Rs. 332.00.

People’s Bank also reported a notable appreciation of the Rupee, with the US Dollar buying rate decreasing from Rs. 331.18 to Rs. 324.06 and the selling rate declining from Rs. 339.98 to Rs. 334.25.

At Seylan Bank, the buying rate of the US Dollar dropped from Rs. 332.25 to Rs. 323.25, while the selling rate fell from Rs. 342.00 to Rs. 336.00.

Meanwhile, NDB Bank kept its exchange rates unchanged, maintaining the US Dollar buying rate at Rs. 332.50 and the selling rate at Rs. 341.50.