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Sri Lankan Rupee Gains Against US Dollar in Major Banks

Sri Lankan Rupee

The Sri Lankan Rupee has appreciated further against the US Dollar as of September 26, showing a positive trend across multiple commercial banks. This marks an improvement compared to the rates observed on Wednesday.

  • Seylan Bank: The buying and selling rates remain steady at Rs. 298.25 and Rs. 305.75, respectively.
  • NDB Bank: The buying rate decreased from Rs. 298.50 to Rs. 296.50, while the selling rate dropped from Rs. 306.50 to Rs. 304.50.
  • Commercial Bank: The buying rate fell from Rs. 296.54 to Rs. 294.31, and the selling rate from Rs. 306.25 to Rs. 304.
  • Sampath Bank: The buying rate reduced from Rs. 298 to Rs. 296, and the selling rate declined from Rs. 307 to Rs. 305.

This appreciation reflects a favorable trend for importers and could potentially ease inflationary pressures, benefiting the economy overall.

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Last modified: September 26, 2024