SL Rupee records historic low today
Posted on September 15th, 2015
Adaderana
The lowest ever depreciation in history of the Sri Lankan against the US Dollar was recorded today (15 September).
At the close of the money market today, the Sri Lankan Rupee recorded Rs. 140.25 against the US Dollar.
The historic depreciation of the Rupee against the US Dollar is due to the lack of supply according to the demands.
The Sri Lankan Rupee has continued to depreciate significantly against the US Dollar from the time it was left to float without the intervention of the Central Bank of Sri Lanka.
The Central bank has refrained from intervening in Sri Lanka’s foreign exchange market unless it is absolutely necessary.
September 15th, 2015 at 6:01 am
Yahapalanaya is the reason.Send these traitors to gallows for bringing our country to knees. More surprises will follow.Let the people who voted this Govt to power suffer some more. This is not enough. Ranil the traitor will bring Wade and Those from India to give to these people.Wait to taste it you stupids.
September 15th, 2015 at 11:23 am
When Mahinda was in charge, he weathered the world’s worst economic downturn while fighting the most ruthless terrorists. Still we didn’t go through these hardships. The economy bounced as never before.
Our stupid voters couldn’t accept that a Sinhalese Buddhist from the village could achieve such feats. All these Oxford, Harvard (western educated idiots) educated powder babies don’t even know the A, B of running a country.