ECONOMYNEXT – Sri Lanka’s rupee was quoted at 303.50/70 to the US dollar Friday, slightly recovering from 303.65/75 the previous day, while secondary market bond yields dropped on the 2028-2029 tenors, dealers said. A bond maturing on 15.03.2028 was quoted at 9.18/22 percent. A bond maturing on 01.07.2028 was quoted at 9.23/27 percent, down from 9.23/28 percent. A bond maturing on 15.09.2029 was quoted at 9.69/71 percent. A bond maturing on 01.07.2030 was quoted at 9.78/82 percent. A bond maturing on 01.10.2032 was quoted at 10.55/65 percent. The telegraphic transfer rates for the American dollar was 300.2000 buying, 307.2000 selling;…
Sri Lanka rupee flat against dollar, bond yields drop on shorter tenors
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