COLOMBO, Sept 13 The Sri Lankan rupee ended
marginally weaker on Tuesday as importer dollar demand surpassed
mild selling of the U.S. currency by exporters, dealers said.
The spot rupee ended at 145.38/43 per dollar, down
from Friday's close of 145.25/35. One-week forwards ended
at 145.60/70, compared with the previous day's close of
Markets were closed on Monday on account of Eid al-Adha.
The spot rupee is usually managed by the central bank, and
market participants use the forward market levels for guidance
on the currency.
"The importer demand was there today and there are not much
exports. The remittances have also dried out," a currency dealer
said, asking not to be named.
The rupee strengthened 0.28 percent on Thursday on inward
remittances ahead of Eid al-Adha.
Dealers said seasonal importer demand would pick up from
The central bank has largely not intervened to defend the
rupee ever since a dual-tenure sovereign bond issue raised $1.5
billion in July.
(Reporting by Ranga Sirilal and Shihar Aneez; Editing by Vyas