The Sri Lankan Rupee (LKR) is the official currency of Sri Lanka, an island nation in South Asia. It is subdivided into 100 cents and is symbolized by "Rs" or "₨." The currency is issued and regulated by the Central Bank of Sri Lanka, which manages monetary policy and aims to maintain economic stability. The Sri Lankan Rupee has experienced fluctuations in value due to various economic factors, including inflation and trade balances. It is used for all transactions within the country, from everyday purchases to larger business dealings, and is an essential part of the Sri Lankan economy.