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The Sri Lankan Rupee ( Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala: සත, Tamil: சதம் ), but cents are rarely seen in circulation due to its low value. It is issued ...
The banknotes of the Sri Lanka rupee are part of the physical form of Sri Lanka 's currency. The issuance of the rupee banknotes began in 1895. The Government of Ceylon introduced its first paper money in the form of the 5 rupee banknote in 1895. These were followed by 10 rupee notes in 1894, 1000 rupee notes in 1899, 50 rupee notes in 1914, 1 ...
Currency Code 2012 2011 2009 1995 1985 1970 ... Sri Lanka: Sri Lankan rupee: LKR 364.50 181.82 108.14 110.78 ... Nigeria 306.084 174 Nicaragua 31.553
Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from ...
See the ISO 3166-3 standard for former country codes. British Virgin Islands – See Virgin Islands (British) . Burma – See Myanmar . Cape Verde – See Cabo Verde . Caribbean Netherlands – See Bonaire, Sint Eustatius and Saba . China, The Republic of – See Taiwan (Province of China) . Democratic People's Republic of Korea – See Korea ...
The Central Bank of Sri Lanka has issued two commemorative notes. In 1998 a 200 rupees note was issued on Independence day to commemorate the 50th Independence Anniversary of the country. The note was issued along with three commemorative coins; a five thousand rupees gold coin, a one thousand rupees silver coin, and a ten rupees bi-metallic coin.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic stability.
Sri Lanka has seen external instability from around late 2014 suffering two currency crises and low growth with the rupee falling from 131 to 182 to the US dollar by 2018. Foreign debt rose from 30% of gross domestic product in 2014 to 41.3% in 2019 while total debt went up from 76% to 86% as growth slowed amid [7] Sovereign bond borrowings ...