gossip lanka

Rupee remains under pressure. Selling rate of US $ recorded at Rs. 191.99

The Sri Lankan rupee continues to trade weaker on back of COVID-19 pandemic effect which has led to a shutdown of financial activities across the country.

According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the buying rate of a US dollar stood at Rs.187.10 today (27) whilst selling rate of a US dollar stood at Rs.191.99.
In this backdrop, The Central Bank of Sri Lanka has introduced urgent measures to ease the pressure on the exchange rate and prevent financial market panic due to the COVID-19 pandemic.

Accordingly, licensed commercial banks and National Savings Bank are directed to adopt the following measures during the next three months, with immediate effect: