The Central Bank of Sri Lanka announced that the selling price of one US dollar Thursday is close to 260 rupees and buying rate is Rs. 250 per US Dollar.
Following the Central Bank’s decision to free float the value of the rupee against US Dollar, the buying and selling prices of the US dollar against the rupee are rising rapidly. Accordingly the buying price of a dollar today is 249 rupees 96 cents and the selling price is 259 rupees 99 cents.
Several of Sri Lanka’s leading commercial banks today have set a selling price of 260 rupees for a US dollar and 250 rupees for buying a dollar.
However, the Central Bank recently allowing greater flexibility in the exchange rate said expected that forex transactions would take place at levels which are not more than Rs. 230 per US dollar.
Courtesy: Colombo Page
