USD selling rate jumps to Rs. 340 at several banks

INSUBCONTINENT EXCLUSIVE:
Several licensed commercial banks in Sri Lanka have declared their selling rate of US dollar at Rs
340 today (April 18).The selling rate of US dollar per Sri Lankan Rupee according to the daily exchange rates of several licensed commercial
322.72Selling Rate - Rs
daily.On March 07, the Central Bank of Sri Lanka announced that greater flexibility has been allowed in the exchange rate with immediate
effect
However, the Central Bank had said it is of the view that the rate will not exceed Rs
230 per USD.
This article first appeared/also appeared in https://adaderana.lk