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Sri Lanka's rupee closed slightly weaker on Wednesday in thin trade due to light dollar demand from banks and importers, while worries over political uncertainty and fiscal slippage weighed on investor sentiment. The rupee ended at 182.30/40 per dollar on Wednesday, compared with 182.15/30 in the previous session, market sources said. Markets were closed on Tuesday for a holiday. On Jan.3, the rupee had fallen to an all-time low of 183.00 against the dollar. The rupee fell 19 percent in 2018, making it one of the worst-performing currencies in Asia, according to Refinitiv data, due to heavy foreign outflows.

Copyright Reuters, 2019


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