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US Dollar selling rate shows slight decline amid rupee depreciation
US Dollar selling rate shows slight decline amid rupee depreciation
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According to the daily exchange rate notice issued by the Central Bank of Sri Lanka (CBSL) today (30), the buying rate of the US dollar was recorded at Rs. 331.66, while the selling rate was recorded at Rs. 341.30.

 

However, daily exchange rates announced by licensed commercial banks indicate a slight decline in the selling rate of the US dollar.

 

The selling rate of the US dollar currently ranges between Rs. 340.50 and Rs. 342.00 among several licensed commercial banks.

 

The buying and selling rates of the US dollar quoted by selected licensed commercial banks this morning are as follows:

 

Bank of Ceylon (BOC): Rs. 332.00 – Rs. 341.00

People’s Bank: Rs. 330.20 – Rs. 340.58

Sampath Bank: Rs. 332.00 – Rs. 341.00

Commercial Bank: Rs. 330.55 – Rs. 340.50

Hatton National Bank (HNB): Rs. 332.50 – Rs. 340.75

Seylan Bank: Rs. 331.75 – Rs. 342.00

 

The Central Bank of Sri Lanka recently stated that the Sri Lankan Rupee had depreciated by 8% against the US dollar so far in 2026.

 

The CBSL attributed the depreciation to external sector pressures arising from the conflict situation in the Middle East since late February 2026.

 

Accordingly, the selling rate of the US dollar had exceeded Rs. 354, reaching Rs. 354.03 on May 12.

 

However, Central Bank Governor Dr. Nandalal Weerasinghe stated last month that the current depreciation of the rupee differs from the sharp decline experienced in 2022.

 

He noted that the recent depreciation has been driven primarily by global factors, unlike the currency crisis in 2022, which was caused by domestic economic conditions.

 

Dr. Weerasinghe further pointed out that during March and April 2022, while other regional currencies remained relatively stable, the Sri Lankan Rupee depreciated sharply to around Rs. 370 per US dollar due to domestic factors.

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