ECONOMYNEXT – Sri Lanka’s rupee was quoted at 309.55/65 to the US dollar in the spot market Monday, slightly weaker from 309.50/60 at Friday’s close, dealers said, while bond yields were somewhat steady. Sri Lanka’s rupee has fallen from around 292 to the dollar in December 2024, amid record current account surpluses and narrowing budget deficits as the central bank selectively denied convertibility to private importers after buying dollars and creating liquidity. RELATED: Sri Lanka’s exchange rate depreciation by ‘Political Ravishment’ A bond maturing on 15.10.2029 was quoted at 9.49/55 percent. A bond maturing on 15.12.2029 was quoted flat at…
Sri Lanka rupee opens weaker, bond yields steady
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