SL Rupee hits new record low


The Sri Lankan rupee dropped to a record low on Thursday as the currency continues to depreciate against the US Dollar, dented by political uncertainty.

The rupee dropped to a record low of 177.32 per dollar, surpassing the previous record low of 176.25 hit in the previous session.

The rupee dropped 1.5 percent since the political crisis unfolded.

The rupee weakened 3.7 percent in October after a 4.7 percent drop in September against the dollar. It dropped 14.3 percent so far this year.