Sri Lanka’s rupee continued its fall, dropping to a fresh low on Friday, amidst a shaky outlook for the economy.
The rupee hit a fresh low of 163.60 per dollar, according to Reuters data, ending at 163.60/70 per dollar.
The latest fall comes after a gauge published by Nomura this week showed Sri Lanka is most at risk of an exchange rate crisis, as fears over currency crunches continue to build in emerging market economies.