The Sri Lankan Rupee remained stable against the US Dollar throughout the past week. The US Dollar selling rate stayed close to Rs. 340, showing continued stability in the country’s foreign exchange market.
According to the Central Bank of Sri Lanka, the US Dollar buying rate stood at Rs. 331.2060, while the selling rate was Rs. 340.3301 on 1 August. This means the week ended with only small changes compared to previous trading days.
Dollar Rate Changed Only Slightly
The week began on 27 July with the US Dollar selling rate at Rs. 340.83. It then eased to Rs. 340.71 on 28 July.
The rate continued to edge lower during the week. It reached Rs. 340.59 on 30 July before settling at Rs. 340.33 on 31 July.
Overall, the changes were small. The daily movements were only a few cents, with no sharp rise or fall in the exchange rate.
Commercial Banks Report Similar Trend
Commercial banks also reported only minor changes. People’s Bank, Commercial Bank, Sampath Bank, Seylan Bank and NDB Bank kept their US Dollar selling rates close to the Rs. 340 level throughout the week.
Buying and selling rates changed slightly from one day to another. However, the overall trend remained steady. This suggests that demand and supply in the foreign exchange market stayed broadly balanced.
Why Exchange Rate Stability Matters?
The Rupee recorded small gains and losses against several other foreign currencies during the week. Even so, there were no major changes against the US Dollar. Central Bank data showed that the currency continued to trade within a narrow range.
A stable exchange rate is important for businesses, importers, exporters and investors. It helps companies plan costs, price goods and manage foreign currency payments with greater confidence.
Although the exchange rate is only one measure of the economy, the past week’s performance points to a stable foreign exchange market. The US Dollar continued to trade around the Rs. 340 mark, with only limited day-to-day movements.
Full Exchange Rate Data: Source
Central Bank of Sri Lanka (CBSL) Daily Exchange Rate
Last modified: August 2, 2026
