The selling rate of the Sri Lankan rupee to a US Dollar hit a record high of 174.12 rupees today (23) according to the Central Bank of Sri Lanka.
Meanwhile the exchange rate of the rupee stood at 172.16 rupees.
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Rupee hits fresh low of 172.05 per dollar ; selling rate stands at 173.38
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The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
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