SL Rupee appreciates further against USD

26 May 2023 02:21 pm - 5 - {{hitsCtrl.values.hits}}

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The Sri Lanka Rupee (SLR) has appreciated against the US Dollar (USD) today, according to the Central Bank (CBSL).

Accordingly, today's buying rate of USD is Rs. 295.62 while the selling rate is Rs. 308.54.

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Comments - 5

Buddhist Friday, 26 May 2023 05:41 PM

Once the import markets are opened, the US$ will be more expensive.

Mahila Saturday, 27 May 2023 06:23 AM

Do not IMPORT!!?? USE LOCAL MANUFACTURE AND IMPORT SUBSTITUTION!!!?? no more ANCHOR MILK! solely dependent on "MAWKIRI", courtesy of AKD, VJ and all his ilk could muster from end 2024, when we would be self-sufficient in everything we may ever need in our lifetime!!!?? After Presidential (PE) and General (GE) elections before or after PE!!!?? AKD giving speeches solves from all over SL (except North East) and WORLD OVER SOLVES!!?? CAPABLE POLIITCIAN OF NO MEAN CAPACITY AND ABILITY TO BE QUESTIONED AS TO HIS OBJECTIVES AND AIMS!!?? Unblemished CULTURE, UNMATCHED BY ANY OTHER!!!?? RW and NANDALAL’S medications appear to be making the economy to come alive, but the new man to reckon is NONE OTHER THAN AKD!!!???

Punya Tilak Friday, 26 May 2023 07:03 PM

This looks good on the surface , BUT as long as the the regime remains the same and the same greedy subhuman lot in power ( with the minute exemption of a very few and possibly the crafty president) the situation remains the same( you see this on TV during parliamentary sessions) . Unless and until there is this someway at tedious procedure is in place I’m afraid the country is looking at a rather deep abyss.

Worse news for importers and tourist operators Saturday, 27 May 2023 03:38 PM

As the rupee appreciates it all exports earn less rupees, since they are at fixed US dollars. Tourists will keep away from places where their money goes shorter distance, like what Sri Lanka is becoming. Who would want to invest in dollars here, if the dollar value steadily declines either.

PoLtCs Saturday, 27 May 2023 08:31 PM

Just an artificial American theory supporting Ranil to show fake depreciation of the US dollar is a clear sign of the economy further falling more critically in the months approaching ahead.

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SL Rupee appreciates further against USD

Comments - 5

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