The Sri Lankan rupee edged up on light volume from a six-week low on Friday due to dollar sales by banks and inward remittances, currency dealers said. The trading volume was sluggish because of frequent road closures for a Commonwealth summit, hitting business activities in Colombo, dealers said. They said the rupees was still under downward pressure due to importer dollar demand ahead of the year-end festive season.
The spot rupee ended at 131.10/12 per dollar, up from Thursday's close of 131.10/20, which was near its lowest close since October 4.
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