Sri Lankan Rupee Depreciates 6.8 Percent Against US Dollar
The Central Bank of Sri Lanka reported a 6.8 percent year-to-date depreciation of the rupee, closing at Rs. 332.61 by the end of October 2026.
The Central Bank of Sri Lanka reported that the Sri Lankan rupee depreciated 6.8 percent against the US dollar on a year-to-date basis by the end of October 2026. The currency closed at Rs. 332.61, continuing a downward trend from Rs. 330.83 in September and Rs. 309.99 at the end of 2025.
Gross official reserves stood at $6.9 billion as of September 2026, a figure that includes a swap facility with the People's Bank of China. These reserves provide 3.3 months of import coverage. Between January and September, foreign investors moved $168 million into government securities but withdrew $170 million from the Colombo Stock Exchange.
Regional currency pressure extended to India, where the rupee fell 21 paise to 94.97 against the US dollar in early trade on November 2, 2026. The Reserve Bank of India reported that national forex reserves decreased to $719.748 billion for the week ending October 30.
