21 Aug Sri Lanka rupee falls for 4th session on foreign outflows
The Sri Lankan rupee fell for
the fourth straight session on Thursday, weighed down by foreign
outflows from government securities and tracking other emerging
currencies. Stocks closed steady.
** The rupee ended 0.36% weaker at 179.40/60 per
dollar, compared with Wednesday’s close of 178.75/179.00,
extending the loss in the last four sessions to 1.25%. The
currency was down 0.2% in the last week but is up nearly 2% this
year.
the fourth straight session on Thursday, weighed down by foreign
outflows from government securities and tracking other emerging
currencies. Stocks closed steady.
** The rupee ended 0.36% weaker at 179.40/60 per
dollar, compared with Wednesday’s close of 178.75/179.00,
extending the loss in the last four sessions to 1.25%. The
currency was down 0.2% in the last week but is up nearly 2% this
year.
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