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Sri Lankan rupee recovers from record low on bank dlr sales
Zulqarnain Ali
06 Jan, 2016
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Copyright Reuters, 2016
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![](https://i.brecorder.com/images/2016/01/sri-lanka-rupee-vs-us-dollar.jpg">COLOMBO: The Sri Lankan rupee recovered from a near record low on Wednesday as importer demand for the US currency was met through dollar sales by a private bank, dealers said.</P><P class=MsoNormal>The dealers said expectations of a further fall in the rupee discouraged exporters from converting their dollar earnings.</P><P class=MsoNormal>The rupee traded at 143.95/144.10 per dollar at 0618 GMT, 0.21 percent higher than Tuesday's close of 144.25/45, its near-record closing low. </P><P class=MsoNormal>)
