Hirunews Logo
Sri+Lanka+rupee+held+below+Rs127.00+to+US+dollar
Thursday, 25 April 2013 - 12:25
Sri Lanka rupee held below Rs127.00 to US dollar
29

Shares
3,532

Views

Sri Lanka's rupee steadied at slightly below 127 rupees to the US dollar in the spot market helped by selling from a state bank that usually acts for the monetary authority.

The spot US dollar was quoted around 127 when a state name entered the market with a quote of 126 rupees and 90 cents driving the spot down to 126.75.

The rupee had been sliding from a little over 125 to the US dollar since the end of a traditional festival period towards 127 with no intervention by the Central Bank.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE