ECONOMYNEXT – Sri Lanka’s rupee closed at 309.75/85 to the US dollar in the spot market Friday, weaker from 309.45/60 a day earlier, dealers said, while bond yields closed slightly lower. The rupee has weakened from 293.25/75 to the US dollar last year, amid record current account surpluses and improvement in budget, denying the usual scapegoats macro-economists point to after depreciating currencies. A bond maturing on 15.12.2026 closed flat at 8.40/70 percent. A bond maturing on 15.09.2027 closed flat at 8.95/9.00 percent. A bond maturing on 15.02.2028 closed at 9.00/05 percent, down from 9.00/10 percent. A bond maturing on 15.12.2028…
Sri Lanka rupee closes weaker, bond yields slightly lower
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