Sri Lankan rupee outpaces emerging market currencies in Q1 2024

(LANKAPUVATH | COLOMBO) –  Sri Lankan rupee (LKR) has emerged as the top-performing currency among emerging markets during the first quarter (Q1) of 2024, the President’s Media Division (PMD) says.

Citing Bloomberg market data, the PMD added that the rupee boasted a remarkable spot return of over 7% by outpacing the emerging market currencies during this period.

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