- Last Update 2025-05-21 09:03:00
Dollar soars to Rs.260
The US dollar soared to Rs.260 per dollar on Thursday in Colombo’s money and forex markets, traders said. Last week it was officially traded at Rs.203.
They said some banks were even offering to raise the level to above Rs.260.
In the meantime, the Central Bank which announced on Monday that the rupee had been devalued to an upper limit of Rs. 230, broke its own decision on Thursday with the monetary authority’s buying rate at Rs.250 and the selling rate at Rs. 260.
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