Sri Lankan rupee down

17 Sep, 2019

Sri Lanka's rupee closed weaker on Monday, with continued foreign outflows from government securities, while equities ended slightly firmer for the second straight session.
The rupee ended 0.1% weaker at 180.45/55 per dollar compared to Thursday's close of 180.25/45 following a long weekend. Markets were closed for a Buddhist religious holiday on Friday.
The currency gained 0.33% last week and is up 1.2% this year. Foreign investors sold government securities worth 598.9 million rupees in the week ended Sept. 11, data showed, extending the year to date net foreign outflow to 54.3 billion rupees through Sept. 11, central bank data showed.

Read Comments