Markets Print edition: 2018-05-09

Sri Lankan rupee little changed

Published May 9, 2018 Updated May 9, 2018 12:00am

The Sri Lankan rupee closed little changed on Tuesday with the central bank selling dollars at 157.65 to 157.45 per dollar levels to select banks, said dealers. The rupee closed at 157.60/80 per dollar on Tuesday, compared with Friday's close of 157.50/90. Markets were closed on Monday for a public holiday.
"Demand for dollars was there. Exporters were on the sidelines expecting further depreciation in line with regional currencies as the dollar is strengthening globally," a currency dealer said asking not to be named.