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Sri Lankan Rupee gains

Mar 10, 2010 4:25:55 AM - itnnews.lk
Sri Lankan Rupee closed firmer yesterday as banks sold Dollars to buy Rupees on hopes of rise in interest rates due to Government’s high domestic borrowing that has resulted high budget deficit. The Rupee closed at 114.05/10 per Dollar, compared with Monday’s 114.15/18, as Banks bought the local currency to cover short positions amid tight liquidity [...]