Rupee depreciates against the US Dollar

COLOMBO (News1st): The selling rate of the Sri Lankan Rupee depreciated to Rs 200.06 against the US Dollar on Tuesday, crossing the Rs 200 mark for the third time in history. According to the Central Bank of Sri Lanka, the current buying rate of the US Dollar today stands at Rs 195.28 while its selling rate stands at Rs 200.06. The last time in which the rupee had depreciated against the US dollar, has been recorded in April last year, amidst the outbreak of the COVID-19 pandemic in the country.