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Sri Lankan Rupee hits all-time low despite weakening dollar

31 Aug 2021

By Madhusha Thavapalakumar Despite the US Dollar weakening globally according to foreign news reports, the Sri Lankan Rupee hit a record low yesterday (31 August) selling at Rs. 204.89 against the US Dollar as per the data from the Central Bank of Sri Lanka (CBSL).  Yesterday’s rate was a day-over-day hike of Rs. 2, as on Monday (30 August) it was quoted at Rs. 202.89. With the record high selling rate of the US Dollar, the Sri Lankan Rupee has recorded a depreciation of 7.3% so far this year. In stark contrast, the Indian Rupee appreciated against the US dollar by 20 cents yesterday.  Read full story on Page 8 (Business Section front page)

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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


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