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Rupee appreciates against the Dollar

Dec 12, 2010 3:37:16 AM - itnnews.lk

The Central Bank says that the value of the Sri Lankan Rupee has appreciated.

The Central Bank said this clearly indicates the growth achieved in Sri Lanka’s economy. The foreign exchange value of the Sri Lankan rupee had increased in comparison to the US Dollar. Latest statistics of the Central Bank reveal that value of the dollar has decreased by four rupees. By June this year, the value of the Dollar was 114 rupees. By last week it has reached 110 rupees.