Sri Lankan rupee little changed

18 Nov, 2016

The Sri Lankan rupee ended little changed on Thursday amid persistent worries about capital outflows as incoming President Donald Trump's policies are seen aiding higher US interest rates and a stronger greenback, while dollar selling by a state-run bank helped to boost sentiment. Rupee forwards were active, with spot-next trading at 148.80/90 per dollar intraday before the state-run bank sold dollars at 148.75.
They ended at 148.65/75 per dollar, compared with Wednesday's close of 148.60/80. One-week forwards were at 148.60/80 per dollar, compared with the previous close of 148.80/149.00.

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