Sri Lankan rupee slips on seasonal importer dollar demand

COLOMBO, Sept 26 (Reuters) - The Sri Lankan rupee ended weaker on Monday as seasonal demand for dollar from importers exceeded sales by exporters and banks, dealers said.
online pharmacy buy abilify with best prices today in the USA


buy advair online https://yourolddog.com/wp-content/uploads/2020/08/png/advair.html no prescription pharmacy

The spot-next forwards, which were actively traded, ended at 146.
buy stromectol online https://yourolddog.com/wp-content/uploads/2020/08/png/stromectol.html no prescription pharmacy


online pharmacy buy symbicort with best prices today in the USA

38/48 per dollar, edging down from Friday's close of 146.
online pharmacy buy advair rotahaler with best prices today in the USA

30/40. One-week forwards were at 146.50/68, weaker from Friday's close of 146.
online pharmacy buy diflucan with best prices today in the USA



45/55. The spot rupee ended at 146.35/45 per dollar, compared with 145.
buy metformin online https://www.cappskids.org/wp-content/uploads/2022/08/png/metformin.html no prescription pharmacy



90/146.35 quoted on Friday. "We see some usual seasonal importer demand coming into the market and the market expects the rupee to be under downward pressure until December," a currency dealer said, asking not to be named.
online pharmacy buy spiriva inhaler with best prices today in the USA


buy rotacaps online https://yourolddog.com/wp-content/uploads/2020/08/png/rotacaps.html no prescription pharmacy


online pharmacy buy augmentin with best prices today in the USA


buy stromectol online https://www.cappskids.org/wp-content/uploads/2022/08/png/stromectol.html no prescription pharmacy

The spot rupee is usually managed by the central bank and market participants use the forward market levels for guidance on the currency.

Sri Lanka's central bank is expected to keep its key interest rates steady on Wednesday, after cutting three times since December to fend off pressure on the fragile rupee and curb accelerating credit growth that has pushed up inflation.

The central bank is also under pressure from the International Monetary Fund (IMF) to continue to rebuild international reserves and maintain exchange rate flexibility to further develop the foreign exchange market.
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x