New all time low for Sri Lanka's rupee

<p>Sri Lanka's rupee fell to a new historic low today of 180.40 against the dollar as the country's political crisis continues.&nbsp;</p> <p>According to data published by Refinitiv Eikon the rupee has fallen 17.2 percent this year.&nbsp;</p> <p>Last week the finance ministry sought to reassure lenders that debt repayments would be made amid increasing concern of economic collapse.&nbsp;</p> <p>The International Monetary Fund has confirmed that discussions regarding its next loan tranche to Sri Lanka had been delayed due to the island’s deteriorating political crisis.</p> <p>The former finance minister, Mangala Samaraweera warned "Sri Lanka is on the brink of economic anarchy and chaos as never experienced before."&nbsp;</p> <p>Moody's last week downgraded Sri Lanka from B1 negative to B2 stable.&nbsp;</p>