Rupee weakens further against US Dollar

The Sri Lankan Rupee weakened further against the US Dollar yesterday (16th) compared to Wednesday, according to official data released by the Central Bank of Sri Lanka.

The buying rate of the US Dollar increased to Rs. 305.67 from Rs. 305.43, while the selling rate rose to Rs. 313.20 from Rs. 312.97.

Meanwhile, the Rupee showed only marginal movements against a basket of other foreign currencies, including Gulf currencies.

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