Exchange rate trend in the week ends on 06th June 2025: Sri Lankan Rupee to US Dollar (Analysis by Deveconomics)

 

The average exchange rate last week (from 02 June 2025 to 06 May 2025) was Rs.299.43/USD. The recorded maximum value was Rs.299.55/USD, and the recorded minimum was Rs.299.27/USD. The gap between the maximum and minimum values was Rs. 0.28. The average value of the exchange rate in the previous week (ending on 23 May 2025) was Rs 299.54/USD, and the gap between the minimum and maximum values was Rs.0.35. Although there is no visible change in the weekly average value of the exchange rate last week in comparison to the previous week, the Sri Lankan Rupee has become strong marginally.

The average daily exchange rate for a one-year period from 07 June 2024 to 06 June 2025 was Rs.297.75/USD. A period of a month (approximately) is considered from 09 May 2025 to 06 June 2025; the average exchange rate was Rs.299.39/USD.


Graphs and Tables 

 1.  Change of Sri Lankan Rupee in comparison to the USD from 07 June 2024 to 06 June 2025 




2. Change of Sri Lankan Rupee in comparison to the USD from 09 May 2025 to 06 June 2025



3. For the week ended on 06 June 2025, buying and selling rates of major currencies

   

Currency

Weekly Averages (LKR)

Buy Rate

Sell Rate

United States Dollar

295.22466

303.59188

Australian Dollar

189.6166

199.319

Canadian Dollar

214.5478

223.0531

Swiss Franc

356.7357

372.8066

Renminbi

40.2313

42.7924

Euro

335.7228

348.5339

British Pound

398.938

413.0253

Yen

2.0431

2.1199

Singapore Dollar

227.5741

237.4829




Comments

Post a Comment

Popular posts from this blog

Review on Global Semiconductor Market

  Chip manufacturing has rapidly shifted from North America to Japan and East Asia since the beginning of the 1980s. East Asia is leading the wafer fabrication and ATP, while the US is leading the chip design and machineries. From 2015 to 2020, semiconductors were the globally top traded goods (Rapp and Mobert, 2022). In 2023, the value of the global semiconductor market was USD 611.35 billion. The potential for developing the semiconductor market is huge because of the increasing use of electronic items and the expanding of AI, robotics, EVs, and industrial automation. Furthermore, the expected compound annual growth rate for the period from 2024 to 2032 in the semiconductor industry is 14.9%. Accordingly, by 2032, the value of the semiconductor industry will be USD 2062.6 billion (Fortune Business Insights, 2024). Click below link to download full report on  "Review on Global Semiconductor Market" 👉👉   https://drive.google.com/file/ d/1sorDTp26Sno9XSMB8uNtbs3Q4- 3dx...
Read more

US Reciprocal Tax Revision in July 2025

Image
  T he US President Donald Trump introduced a new reciprocal tax on importation to the United States from other countries in April 2025. However, the President Trump has revised this taxed for 23 countries up to now. Further, the President has announced that other countries’ tax will also be revised to 15% to 20%. Following chart compares the revised rate in July 2025 with original rates introduced in April 2025. 👉 Download chart here:  https://drive.google.com/file/ d/1- oC6ClHNKsTphKxnDKJ0ZgJrSWj17sw l/view?usp=sharing
Read more