COLOMBO (NewsRadio); The Sri Lankan Rupee has depreciated by 44.8 percent against the US Dollar in 2022.
According to the weekly economic indicators report published by the Central Bank of Sri Lanka, the depreciation of the rupee has substantially reduced in the last quarter of 2022.
The CBSL said in addition to the depreciation of the Rupee against the US dollar, the Sri Lankan rupee has devalued by 38.6 percent against the Indian rupee.
Furthermore, the Rupee has depreciated by 41.4 percent against the Euro, 38.1 percent against the British Pound and by 36.4 percent against the Japanese Yen in the year 2022.
