The Sri Lankan rupee hit a fresh record low of 160.17 per dollar on Wednesday as importer dollar demand surpassed mild greenback selling by exporters and banks, dealers said.
The spot rupee hit all-time low of 160.17 per dollar during the day surpassing its previous all-time low of 160.00 hit on Thursday. The rupee ended at 160.00/20 per dollar, weaker than Tuesday's close of 159.95/160.00. The currency has declined 4.2 percent this year.