Ru­pee plunges...

Daily Mirror (Sri Lanka) - - LIFE -

The ru­pee is un­der pres­sure mainly due to the global trend, and it was not spe­cific to the coun­try’s cur­rency, deal­ers said, adding they ex­pect the ru­pee to trade in the 163-165 range by the end of the year.

For­eign in­vestors sold gov­ern­ment se­cu­ri­ties worth a net Rs.2.8 bil­lion (US$17.60 mil­lion) in the week ended June 6, bring­ing the out­flow so far this year to Rs.19.9 bil­lion, Cen­tral Bank data showed.

Sri Lanka’s cur­rency and bond mar­kets will be closed for a pub­lic hol­i­day to­day.

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