The Sri Lanka Rupee appreciated against the US Dollar today, in relation with the loan of a US$500 million which was granted from China yesterday.
The Central Bank of Sri Lanka (CBSL) said the selling rate of the US Dollar was Rs. 201.28.
The Bank said the buying rate of the US Dollar stood at Rs.195.72 today.
However, the Sri Lanka Rupee further depreciated against the US Dollar yesterday.
The selling price of a US Dollar was at Rs 204.62 and the buying rate was at Rs 199.80.
The loan has been obtained in a bid to shore up its foreign exchange reserves as the local currency hit a record low.