The Sri Lankan rupee ended firmer on Monday as dollar selling by exporters and banks outpaced demand for the greenback from importers, dealers said. Rupee forwards were active, as one-week forwards edged up to close at 148.20/30 per dollar, compared with Friday's close of 148.35/45. The rupee has also been hit by selling of government securities by foreign investors, dealers said.
Foreign investors have net sold 24.5 billion rupees ($165.60 million) worth of government securities in the three weeks ended November 2, data from the central bank showed.