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Sri Lankan Rupee Edges Lower Against US Dollar at Commercial Banks

The Sri Lankan Rupee has weakened slightly against the US Dollar at commercial banks today (22 January), with the selling rate reaching Rs. 313 in some institutions, compared to Wednesday.

At Seylan Bank, the dollar’s buying rate rose to Rs. 306.95, while the selling rate increased to Rs. 311.70. NDB Bank reported a buying rate of Rs. 306.45 and a selling rate of Rs. 312.95. People’s Bank maintained its rates at Rs. 306.19 for buying and Rs. 312.94 for selling. Commercial Bank saw both buying and selling rates climb to Rs. 304.49 and Rs. 313, respectively. Sampath Bank’s rates remained steady at Rs. 306.50 for buying and Rs. 313 for selling.

These fluctuations reflect minor daily adjustments in the foreign exchange market, while the overall trend shows a slight depreciation of the Rupee against the US Dollar.

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