Monday Feb 10, 2025
Tuesday, 11 August 2015 01:04 - - {{hitsCtrl.values.hits}}
Reuters: The rupee ended steady on Monday as a state-run bank, through which the Central Bank usually directs the market, sold dollars at a flat rate of 133.75 despite demand for the greenback from importers, dealers said.
The rupee closed at 133.75 per dollar, after the state-owned bank raised the currency’s peg against the dollar by 25 cents on Thursday to allow the exchange rate to depreciate to 133.75.
“The rupee ended steady on state bank (dollar) sales. But the (downward) pressure is there,” said a currency dealer.
Currency dealers said continued foreign outflows from government securities, at Rs. 16.75 billion ($ 125 million) in the week ended 5 August, has also put pressure on the currency.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.