The Sri Lankan Rupee has appreciated against the US Dollar today (08 May), compared to Thursday.

According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has decreased from Rs. 295.07 to Rs. 294.88 while the selling rate has reduced from Rs. 303.56 to Rs. 303.24.

The Sri Lankan Rupee has also appreciated against a basket of Gulf currencies. (Newswire)

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Five institutions have been selected to operate currency exchange counters at the departure terminal of the Bandaranaike International Airport (BIA) in Katunayake. 

The government states bids were called from licensed commercial banks, licensed special banks, and foreign exchange businesses approved by the Central Bank of Sri Lanka, to operate 05 currency counters at the departure terminal. 

As per the bids called under the limited National Competitive Bidding Process, five institutions had submitted bids.

Accordingly, the Cabinet of Ministers has approved the recommendation presented by the Minister of Civil Aviation to entrust the implementation of currency exchange counters to the five institutions for three (3) years.

The following institutions have been selected based on the recommendation of the Technical Evaluation Committee and the Standing Procurement Committee appointed by the Cabinet of Ministers.

• Counter No 25 – to Bank of Ceylon for an amount of Rs. 798.028 million + taxes 
• Counter No 02 – to Sampath Bank for an amount of Rs. 633.662 million + taxes
• Counter No 04 – to Commercial Bank for an amount of Rs. 381.364 million + taxes 
• Counter No 10 – to Thomas Cook Lanka (Pvt) Ltd for an amount of Rs. 299.064 million + taxes 
• Counter No 11 – to Hatton National Bank for an amount of Rs. 225.689 million + taxes. (Newswire)

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The Cabinet has approved the awarding of contracts to five institutions for the operation of currency exchange counters in the area designated for Customs purposes at the arrival lounge of the Katunayake Airport. 

As per the cabinet decision taken in January 2024, the Airport and Aviation Services (Sri Lanka) (Private) Limited invited limited competitive bidding to operate currency exchange counters at the arrival lounge of the Bandaranaike International Airport. 

According to the government, 05 bids had been forwarded for this purpose. 

The Cabinet has approved the proposal presented by the Minister of Ports, Shipping and Aviation to award the contracts to the selected institutions for 3 years on the recommendation of the Technical Evaluation Committee and Standing Procurement Committee appointed by the Cabinet after evaluation of the said bids.  

The contracts are to be awarded to the following institutions: 

• Counter No 1 Sampath Bank PLC  
• Counter No 2 People’s Bank  
• Counter No 3 Commercial Bank of Ceylon PLC  
• Counter No 4 Thomas Cook Lanka (Pvt) LTD  
• Counter No 5 Bank of Ceylon (Newswire)

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