ECONOMYNEXT – Sri Lanka’s rupee opened at 310.00/25 to the US dollar in the spot market Wednesday, weaker from 310.00/310.20 the previous day, dealers said, while bond yields were 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 The telegraphic transfer rates for the American dollar were 306.4000 buying, 313.4000 selling; the British pound…
Sri Lanka rupee opens weaker, bond yields steady
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