INSUBCONTINENT EXCLUSIVE:
Several licensed commercial banks have declared their selling rate of US dollar between Rs 285 and Rs
299 today (March 23).The selling rate of US dollar per Sri Lankan rupee according to the daily exchange rates of several licensed commercial
the buying and selling rates of the USD have been fluctuating daily.On March 07, the Central Bank of Sri Lanka announced that greater
flexibility has been allowed in the exchange rate with immediate effect.However, the Central Bank had said it is of the view that the rate
230 per USD.The bank also indicated that it would continue to closely monitor the emerging macroeconomic and financial market developments,
both globally and domestically, and would stand ready to take further measures as appropriate, with the aim of achieving stability in the
fronts of inflation, the external sector, the financial sector, and real economic activity.
This article first appeared/also appeared in https://adaderana.lk
