Rupee maintains appreciating trend

Rupee maintains appreciating trend

During the year upto May 10, 2019 the Sri Lanka rupee appreciated against the US dollar(4.1percent).Given the cross currency exchange rate movements, the Sri Lanka rupee appreciated against the pound sterling (1.5percent), Japanese yen(3.7percent),the euro(6.0percent)and the Indian rupee(4.2percent)during this period. Broad money (M2b) expanded by 9.8 %, on a year-on-year basis, in March 2019.