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Saturday, 11 June 2016 - 13:11
SL rupee strengthens
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Sri Lankan rupee edged up as foreign investors and exporters converted more dollars surpassing the importer demand for the U.S. currency.

Thus dollar/rupee forwards were reported at 145.02/12 per dollar on Friday.

 Experts say that the rupee would strengthen further after the International Monetary Fund’s (IMF) executive board approved a three-year $1.5 billion loan to support the country’s economic reform agenda.
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