Sri Lanka rupee falls to record low

Apr 25, 2018 (LBO) – Sri Lankan rupee has fallen to a fresh all-time low of 157.40 per dollar on Wednesday for a third straight session, pressured by persistent importer dollar demand, Reuters said quoting dealers.

Two dealers have confirmed that the rupee was traded at 157.40 on the dollar – beyond the previous record-low of 157.30 hit on Tuesday.

The rupee has fallen 0.64 percent so far this week and 1.2 percent for the month.