COLOMBO, April 5 (Xinhua) -- Sri Lanka's local banks on Tuesday said the U.S. dollar reached over 300 against the Sri Lankan rupee for the first time, as the nation faced a severe economic crisis with the shortage of foreign exchange.
Local media reports quoting some local banks said the selling rate of one U.S. dollar had reached 310 rupees while some banks were selling at 312 rupees.
Economists said thi