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Rupee+depreciation+continues
Wednesday, 16 May 2018 - 12:28
Rupee depreciation continues
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The Central Bank says Sri Lankan Rupee has depreciated by 3.2 percent against the US dollar so far this year.
 
Reflecting cross-currency movements, the Rupee has also depreciated against other major currencies except for the Australian Dollar and the Indian Rupee during this period.
 
The weakening of the Rupee partly reflects a broad based strengthening of the US dollar globally.
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