📈 LKR Depreciates 3.6% Against US Dollar in 2026

The Sri Lankan Rupee has recorded a year-to-date depreciation of 3.6% against the US Dollar as of 08 May 2026, marking a significant shift in the foreign exchange landscape. • Key Exchange Rates (11 May 2026): Buying Rate: Rs. 318.03 Selling Rate: Rs. 325.64 Indicative Rate: Rs. 321.87 • Historical Context: This reflects the highest value for the US Dollar against the Rupee since 16 January 2024. The data, released by the Central Bank of Sri Lanka, highlights ongoing volatility in the monetary sector and impacts on import costs and debt servicing. • Market Outlook: The 3.6% decline so far this year signals a departure from previous stability, directly affecting the trading and manufacturing sectors reliant on foreign inputs. _Data based on Central Bank of Sri Lanka daily exchange rate bulletin._