Dollar Rate today: Sri Lankan Rupee depreciates slightly against USD

Daily Mirror and Newswire report that the rupee weakened against the US dollar on October 29. Citing the Central Bank of Sri Lanka, Daily Mirror put the dollar’s selling price at Rs. 337.13. Newswire also reported a decline that day, including in commercial-bank rates, but the supplied reports do not give those rates.

Newswire says Central Bank figures show the exchange rate at Rs. 332.61 per dollar on October 31, compared with Rs. 309.99 at the close of 2025. That amounts to Rs. 22.62 more for a dollar and a 6.8% depreciation over the ten-month period. The same report puts the rate at Rs. 292.58 at the end of 2024.

Newswire reports that the rupee held steady on October 30 compared with the preceding day. EconomyNext gave separate spot-market quotations of Rs. 332.60/70 and Rs. 332.67/75; its reports described bond yields as steady or lower. EconomyNext also said a Treasury-bill sale worth Rs. 100 billion was in progress.

Newswire reports that gross official reserves totalled US$6.9 billion at the end of September, counting a swap arrangement with the People’s Bank of China. It says the merchandise trade gap for January through September was US$7.9 billion, compared with US$5.2 billion in the equivalent period a year earlier. The monthly gap narrowed to US$731 million in September, which Newswire linked to increased merchandise export earnings.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.