Press "Enter" to skip to content

Foreigners buy over US$31mn worth rupee bonds this week

ECONOMYNEXT – Foreign investors bought a net 9,428 million rupee (31.4 million dollars) worth of government securities in the week ended on October 16, continuing the buying trend in the last eight week, the Central Bank data showed. The island nation witnessed inflows to a net 23,777 million rupee (79.3.million dollars) in the last eight weeks. Foreign holdings in Sri Lanka’s rupee bonds were at 130.3 billion rupees as of October 16, around their highest since December 2023, official data showed. Sri Lanka suffered an outflow of 10.1 billion rupees ($32 million) in the two weeks soon after Donald Trump’s…

Read the full article →