The Sri Lankan rupee recovered from a near record low hit in the previous session to end higher on Friday, boosted by mild dollar inflows aided by some inward remittances. The rupee ended at 182.60/80 on Friday, compared with 182.80/90 in the previous session, market sources said. On Thursday, the rupee traded at an all-time low of 183.00 against the dollar.
The currency fell 19 percent in 2018, making it one of the worst performing currencies in Asia, as heavy foreign outflows from government securities weighed. The currency has weakened about 5.4 percent since a political crisis began on Oct. 26.
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