The US Dollar selling rate has increased to Rs. 337.00, making the latest exchange-rate movement important for businesses involved in imports and exports.
According to the Central Bank of Sri Lanka, the Dollar buying rate also increased to Rs. 327.99 on October 28, up from Rs. 327.77 on Tuesday.
The selling rate rose from Rs. 336.81 to Rs. 337.00 during the same period.
What the Dollar Rate Means for Importers
For importers, the higher Dollar selling rate means businesses may need more rupees to make payments for goods priced in US Dollars.
This can affect companies that import raw materials, machinery, vehicles, equipment and other products priced in foreign currency.
The impact will depend on the value and timing of each payment. Businesses with larger Dollar payments may face a higher rupee cost when converting funds for imports.
Exporters Also Watch the Buying Rate
The movement also matters to exporters who receive payments in US Dollars.
The CBSL buying rate increased from Rs. 327.77 to Rs. 327.99. This is the rate used as a reference when converting Dollar earnings into rupees.
A higher buying rate can therefore increase the rupee value of Dollar earnings when exporters convert their foreign currency receipts.
The Rupee also recorded slight movements against a basket of other currencies, including Gulf currencies.
For businesses involved in international trade, the latest rates provide a current reference point for managing foreign currency payments and receipts.
Exchange Rates against other currencies:
Central Bank of Sri Lanka (CBSL) Daily Exchange Rate
Last modified: October 28, 2026
