The rupee weakened further against the US dollar on June 23, with several commercial banks reporting higher selling rates as the currency remained under pressure in the foreign exchange market.
The latest exchange rate movements are being closely watched by importers, exporters and businesses as fluctuations in the dollar continue to influence trade costs and foreign currency transactions.
Dollar Rates Edge Higher
- At Seylan Bank, the dollar buying and selling rates remained unchanged at Rs. 329.50 and Rs. 339.75, respectively.
- NDB Bank increased its dollar buying rate from Rs. 329.75 to Rs. 330.00, while the selling rate rose from Rs. 338.75 to Rs. 339.00.
- People’s Bank reported that the dollar buying rate increased from Rs. 328.23 to Rs. 328.48. The selling rate also increased from Rs. 338.56 to Rs. 338.81.
- Commercial Bank kept its dollar buying and selling rates unchanged at Rs. 328.31 and Rs. 338.25, respectively.
- At Sampath Bank, the buying rate increased from Rs. 329.50 to Rs. 330.00, while the selling rate rose from Rs. 338.50 to Rs. 339.00.
Market Focus on Currency Trends
The latest exchange rate data shows dollar selling rates approaching Rs. 340 at several banks.
Currency movements remain an important indicator for businesses involved in imports, exports and foreign currency transactions, particularly amid ongoing global market uncertainties.
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Last modified: June 23, 2026
