Sri Lanka's rupee fell to an all time low of 160.60 per dollar, Reuters reported yesterday.
Foreign outflows, importer dollar demand as well as the absence of remittances and dollar conversions by exporters were blamed.
The rupees fall comes as the country's prime minister, Ranil Wickremesinghe said he was hopeful of a strong economy.
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.