Phone dealers to slash prices in wake of rupee appreciation

The Sri Lanka Mobile Phone Dealers Association (SLMPDA) highlighted that the benefit of Sri Lankan rupee appreciation against the dollar will be given to local consumers and accordingly the current high prices of all varieties of mobile phones could be reduced to a greater extent.

Addressing a press briefing SLMPDA, President Samith Senerath said the mobile phone users in the country will benefit from this rupee appreciation within the next few days. He said accordingly the high priced Apple iPhone 15 pro max which was earlier sold at Rs. 515,000 will be reduced up to Rs. 375,000.

Speaking further Senarath said this price reduction will also affect even small phone users and accordingly they could purchase an earlier Rs. 10,000 valued phones for Rs. 7,000. When interviewed a mobile phone dealer in Bambalapitiya Kumar Samarajeewa said there was a drastic reduction of mobile phone sales during the last few months due to their high cost and said the rupee appreciation will help not only mobile phone dealers but also consumers.

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