Sri Lankan rupee ends at its lowest in over 7 months; stocks fall
** Sri Lanka’s rupee closed at
its lowest level in over seven months as foreign fund outflows
from government securities rose, while stocks extended losses
for the third straight session.
** The rupee ended weaker at 180.80/181.00 per dollar,
its lowest since Jan. 28. It closed at 180.75/90 on Thursday.
However, the currency is up 1% this year.
its lowest level in over seven months as foreign fund outflows
from government securities rose, while stocks extended losses
for the third straight session.
** The rupee ended weaker at 180.80/181.00 per dollar,
its lowest since Jan. 28. It closed at 180.75/90 on Thursday.
However, the currency is up 1% this year.
Posted by Reuters
