The Sri Lankan rupee has weakened further against the US dollar, with the official selling rate surpassing the Rs. 340 threshold.
The move signals renewed pressure on the island nation's currency after a brief period of stability earlier in the week.
According to the daily exchange rate report issued by the Central Bank of Sri Lanka (CBSL), the depreciation marks a notable shift in the foreign exchange market.
The selling rate had previously shown signs of stabilizing, with the central bank noting a slight decline in the rate on Monday.
However, the latest data indicates that buying pressure for dollars has intensified, pushing the rate higher.
This development follows a recent trend where the rupee had already tested the Rs. 342 mark, a level not seen in recent trading sessions.