Residents with any information have been urged to contact the concerned authority
emergencies6 hours ago
The Sri Lankan rupee slipped to a fresh all-time low of 157.40 per dollar (42.56 against dirham) on Wednesday for a third straight session, pressured by persistent importer dollar demand, dealers said.
Two dealers confirmed that the rupee was traded at 157.40 on the dollar - beyond the previous record-low of 157.30 hit on Tuesday.
"Unlike earlier, petroleum importers are buying dollars from the market instead of borrowing from banks. That has put pressure on the rupee," a currency dealer said.
The rupee has fallen 0.64 per cent so far this week and 1.2 per cent for the month.
Residents with any information have been urged to contact the concerned authority
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