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Sri Lanka rupee weaker against dollar, bond yields edge up

ECONOMYNEXT – Sri Lanka’s rupee opened at 302.70/75 to the US dollar on Thursday, weaker from 302.65/69 the previous day, while bond yields opened slightly up, dealers said. A bond maturing on 15.09.2029 was quoted at 9.70/76 percent. A bond maturing on 01.07.2030 was quoted at 9.77/85 percent. A bond maturing on 15.12.2032 was quoted at 10.50/68 percent, up from 10.50/55 percent. The telegraphic transfer rates for the American dollar was 299.1000 buying, 306.1000 selling; the British pound was 400.0864 buying, and 411.4482 selling, and the euro was 345.9139 buying, 357.2771 selling. The Colombo Stocks Exchange was trading in red;…

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