ECONOMYNEXT – Foreign investors bought around 3 million US dollars worth Sri Lanka government securities in the week ending January 1, extending the net overseas inflows into the risk-free fixed assets to 234.4 million US dollars, Central Bank data showed. It was the 13th week foreigners have bought rupee bonds in the last 18. The foreign holding in government securities are near 26-month high. Foreigners bought a net 938 million rupees (USD 3.07 million at 1$=305 rupees) in the week, bucking the global trend of outflows. Global bond funds posted $1.97 billion of net outflows in the week, their first…
Foreigners buy Sri Lanka rupee bonds; extend 2025 net inflow to USD 234.4 million
Published in News
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth