šŸ“‰ Sri Lankan Rupee Depreciates 8.0% Against US Dollar in First Half of 2026

Source

The Central Bank of Sri Lanka (CBSL) reports a notable shift in the local currency's value during the first six months of the year, driven by shifting foreign exchange dynamics. • Overall Performance: The Sri Lankan rupee depreciated by 8.0% against the US dollar during the period leading up to June 26, 2026. • Exchange Rate Data: According to the CBSL's daily exchange rate report on June 26, the buying rate for the US dollar stood at Rs. 332.22, while the selling rate was recorded at Rs. 341.88. • National Context: This depreciation directly impacts key import-reliant sectors and alters the competitive landscape for major export industries such as tea, apparel & textiles, and ICT/BPM, which traditionally balance national trade dynamics and drive employment. _Data based on the latest Weekly Economic Indicators report from the Central Bank of Sri Lanka._

Listen to this article

Duration: 1:00