Sri Lanka, May 14 -- The Sri Lankan Rupee came under further pressure today as the selling rate of the US Dollar rose to Rs. 329.92, marking the highest recorded rate since December 27, 2023.

According to exchange rate data released by the Central Bank of Sri Lanka (CBSL), the Rupee has depreciated by 3.6% against the US Dollar during the period from January 1 to May 8, 2026.

The US Dollar had remained fixed at Rs. 202.99 until March 7, 2022. However, following the decision to float the rupee on March 8, 2022, the exchange rate rose sharply, eventually reaching Rs. 377.49 by May 12, 2022.

Subsequent policy measures introduced by the Central Bank helped stabilize the currency, with the dollar rate easing to Rs. 328.77 by the end of 2023...