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The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to their low value.
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.
English: USD / Sri Lankan Rupee exchange rate. Date: 23 June 2023: Source: Own work https: ... Economy of Sri Lanka; Sri Lankan economic crisis (2019–present)
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
USD / Sri Lankan Rupee exchange rate. In early March 2022, the Sri Lankan Rupee began losing value quickly. As of the early 2020s, the debt-laden country is undergoing an economic crisis where locals are experiencing months of shortages of food, fuel and electricity. Inflation has peaked at 57% according to official data. [68]
Indian rupee (रुपया) – India; Javan rupee – Java; Mauritian rupee – Mauritius; Nepalese rupee (रुपैयाँ) – Nepal; Pakistani rupee (روپیہ) – Pakistan; Portuguese Indian rupia – Portuguese India; Seychellois rupee – Seychelles; Sri Lankan rupee (රුපියල්, ரூபாய்) – Sri Lanka ...
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