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Sri Lankan Rupee Remains Stable Against US Dollar at Commercial Banks

The Sri Lankan Rupee showed marginal strengthening while mostly holding firm against the US Dollar across major commercial banks today (Feb 16), compared to last Friday’s rates.

At Seylan Bank, the dollar’s buying and selling rates were unchanged at Rs. 306.45 and Rs. 311.20, respectively. Similarly, NDB Bank reported no variation, maintaining its buying rate at Rs. 306 and selling rate at Rs. 312.50.

Meanwhile, People’s Bank recorded a slight dip in the buying rate, which moved from Rs. 305.79 to Rs. 305.74, while the selling rate remained steady at Rs. 312.48.

Exchange rates at Commercial Bank of Ceylon also remained stable, with the buying rate at Rs. 303.86 and the selling rate at Rs. 312.25. Likewise, Sampath Bank kept its rates unchanged, quoting Rs. 306 for buying and Rs. 312.50 for selling.

Overall, the Rupee’s performance reflects relative stability in the foreign exchange market, with only minimal adjustments observed among major banking institutions.

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