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Sri Lanka rupee closes weaker, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee closed at 310.00/310.20 to the US dollar in the spot market Tuesday, weaker from 309.85/95 on Monday, dealers said, while bond yields closed broadly steady. Sri Lanka’s rupee depreciated in 2025 amid record current account surpluses and improvement in budget, denying the usual scapegoats macro-economists point to after engaging in monetary debasement. Read more: Sri Lanka debt grows at double the deficit up to 3Q amid rupee depreciation Sri Lanka central bank buys $90mn in November, rupee depreciates A bond maturing on 15.12.2026 closed flat at 8.40/70 percent. A bond maturing on 15.02.2028 closed at…

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