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Rupee continues to collapse 

13 Apr 2022

The Central Bank of Sri Lanka (CBSL) announced the official exchange rates for yesterday (12), with the Sri Lankan rupee further depreciating against the US dollar.  According to Central Bank’s official exchange rates for the day, the selling rate of a US dollar now stands at Rs. 319.20, while the buying rate of the US dollar is listed as Rs. 329.99.  On Tuesday (11), the official selling rate of the US dollar exceeded the Rs. 300 mark for the first time in Sri Lankan history.  Meanwhile, several leading licensed commercial banks in Sri Lanka have declared their selling rate of USD at Rs. 335.00.


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