💵 US Dollar Selling Rate Drops Below Rs. 340

The exchange rate pressure on the Sri Lankan Rupee (LKR) throughout June 2026 is showing gradual signs of easing, leading to a steady decline in the US Dollar value from June 24 to July 6. • Current Rates: For the first time since June 23, the selling rate of the US Dollar fell below the Rs. 340 mark today (July 6). The Central Bank of Sri Lanka (CBSL) recorded the buying rate at Rs. 330.39 and the selling rate at Rs. 339.88. • Year-to-Date Performance: Despite the recent recovery, the year-to-date depreciation of the Sri Lankan Rupee against the US Dollar stood at 7.7% as of July 3, 2026, according to official data. • Economic Impact: A stabilizing Rupee can influence crucial domestic sectors like manufacturing, apparel & textiles, and fuel imports by managing input costs and improving market predictability.