EconomyHOTFriday, April 24, 2026

Sri Lankan Rupee Depreciates Further as US Dollar Selling Rate Exceeds Rs. 330

TLDR

Rupee depreciated, crossing Rs. 322 by April 28th.
Selling rate hit Rs. 330.50 by May 14th.
1.8% depreciation noted by April 28th.
Specific banks like Seylan hit Rs. 330.50.

The Sri Lankan Rupee experienced a notable depreciation against the US Dollar throughout the month, with the selling rate at commercial banks reaching Rs. 321 by the 23rd and 24th. Earlier in the month, from approximately the 2nd to the 7th, the selling rate had remained steady at around Rs. 318. By the 17th, it increased to Rs. 319, maintaining that level until the 20th. The depreciation continued, with the selling rate nearing Rs. 320 on the 21st and reaching Rs. 320 on the 22nd. According to the Central Bank of Sri Lanka's official daily exchange rate chart, the selling price of a US Dollar was recorded at Rs. 321.87 on the 24th, marking the highest recent value for the LKR against the US Dollar. Buying rates also saw increases across various commercial banks, including Seylan Bank, NDB Bank, and People's Bank, over this period.

7 Updates

Update #8\u00b7 May 14 · 6:16 AM

On May 13th, the Sri Lankan Rupee depreciated further against the US Dollar, with the selling rate across commercial banks rising to Rs. 327. Seylan Bank's buying rate increased to Rs. 318.25 and its selling rate to Rs. 326.50. NDB Bank saw its buying rate climb to Rs. 320.50 and its selling rate to Rs. 327. People's Bank reported its buying rate at Rs. 320.27. By May 14th, the US Dollar selling rate further increased to Rs. 330 in some banks. Seylan Bank's buying rate moved to Rs. 321.75 and its selling rate to Rs. 330.50. NDB Bank's buying rate rose to Rs. 323.25 and its selling rate to Rs. 329.75. People's Bank's buying rate increased to Rs. 322.00.

Update #7\u00b7 May 12 · 6:47 AM

The Sri Lankan Rupee continued its depreciation against the US Dollar. On May 11th, the selling rate for the US Dollar across commercial banks was steady at Rs. 325. Seylan Bank reported buying and selling rates of Rs. 317.25 and Rs. 325 respectively, while NDB Bank's buying rate increased to Rs. 318.25 and its selling rate to Rs. 324.75. People's Bank saw its buying rate rise to Rs. 318.20. By May 12th, the general selling rate remained at Rs. 325. Seylan Bank's buying rate moved to Rs. 317.75 and its selling rate to Rs. 325.50. NDB Bank's buying rate increased to Rs. 318.75 and its selling rate to Rs. 325.25. People's Bank's buying rate also rose to Rs. 318.79.

Update #6\u00b7 May 6 · 6:16 AM

On May 5th, the US Dollar's selling rate remained steady at Rs. 323 across commercial banks. NDB Bank reported its selling rate increased to Rs. 323, while People's Bank also saw an increase in its selling rate. Seylan Bank's rates remained unchanged at Rs. 316 (buying) and Rs. 323.75 (selling). By May 6th, the Sri Lankan Rupee experienced a slight depreciation against the US Dollar, though the general selling rate held at Rs. 323. NDB Bank's selling rate further increased to Rs. 323.50, and People's Bank again reported an increase in its selling rate. Seylan Bank's rates remained consistent at Rs. 316 (buying) and Rs. 323.75 (selling).

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