The Sri Lankan rupee ended steady near a record low on Thursday as foreign fund outflows mainly, from government bonds, continued amid dented investor sentiment after a recent political crisis. 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 rupee traded at an all-time low of 183.00 to the dollar, which it hit on Monday, before ending at 182.80/90, compared with 182.80/183.00 in the previous session, market sources said. The currency has weakened about 5.4 percent since a political crisis began on Oct. 26.