Sri Lankan rupee down

15 Dec, 2018

The Sri Lankan rupee ended weaker on Friday amid pressure on the currency due to foreign outflows from bonds and stocks as uncertainty from a lingering political crisis weighed on sentiment.
The rupee ended at 179.90/180.10 per dollar, compared with 179.55/75 the previous session. The rupee hit a record low of 180.85 to the dollar on November 28. It has weakened about 3.8 percent since the political crisis began. The currency fell 1.8 percent in November. It has lost 17.1 percent this year.

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