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Sri Lankan Rupee Shows Minor Dip Against US Dollar; Bank Rates Largely Stable

The Sri Lankan Rupee recorded a marginal decline against the US Dollar today (29 Jan), although exchange rates at most major commercial banks remained largely unchanged compared to Wednesday.

At Seylan Bank, the US Dollar continued to trade at Rs. 306.95 for buying and Rs. 311.70 for selling. NDB Bank also maintained steady rates, with the buying and selling prices at Rs. 306.40 and Rs. 312.95, respectively.

People’s Bank reported a slight dip in both rates, with the buying rate falling from Rs. 306.23 to Rs. 306.14 and the selling rate edging down from Rs. 312.99 to Rs. 312.89. Commercial Bank kept its rates unchanged at Rs. 304.36 (buying) and Rs. 312.75 (selling), while Sampath Bank maintained its buying and selling rates at Rs. 306.50 and Rs. 313, respectively.

Overall, the currency market showed relative stability, with only minor adjustments observed at select banks amid ongoing trading.

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