Lankan Rupee hits record low as political tensions mount

News

The rupee dropped to a record low of 174.75 per dollar today (Oct 30), surpassing the previous record low of 174.30 hit on Monday.

The selling rate ended at 174.60/80 per dollar on Tuesday, compared with previous close of 173.75/90.

It weakened 3 percent so far this month after a 4.7 percent drop in September against the dollar. It has dropped 13.5 percent so far this year.

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