Sri Lanka’s rupee was quoted at 309.99/310.00 against the US dollar in the spot market on Tuesday, reflecting a slight depreciation from the previous day’s rate of 309.85/95. This gradual weakening has been observed over the past few weeks. Meanwhile, bond yields remained largely stable compared to the previous close, according to market dealers.
The bond maturing on February 15, 2028, was quoted at 9.00/10 percent, showing a slight increase from the prior 9.00/06 percent. The bond maturing on July 1, 2028, was quoted at 9.10/20 percent, and the bond maturing on October 15, 2028, was quoted at 9.15/25 percent. A bond maturing on June 15, 2029, was quoted at 9.60/70 percent, while the bond maturing on September 15, 2029, was quoted at 9.65/70 percent. The bond maturing on December 15, 2029, saw no change, remaining at 9.70/75 percent.
The bond maturing on July 1, 2030, was quoted at 9.75/80 percent, and the bond maturing on March 15, 2031, was quoted at 9.95/10.05 percent. A bond maturing on December 15, 2032, was quoted at 10.30/40 percent. Meanwhile, a Treasury Bond issuance totaling Rs 55,000 million was in progress, alongside an upcoming auction of Rs 120,000 million in Treasury bills scheduled for December 31.
In terms of telegraphic transfer rates, the US dollar was quoted at 306.4000 for buying and 313.4000 for selling. The British pound was quoted at 413.0211 buying and 424.3829 selling, while the euro was quoted at 358.6110 buying and 369.9742 selling.
Sri Lanka’s rupee saw depreciation in 2025, despite experiencing record current account surpluses and improvements in the budget, countering the typical reasons macro-economists cite following monetary debasement.
On the Colombo Stock Exchange, the indices showed an upward trend. The All Share Price Index (ASPI) rose by 0.54 percent, or 119.40 points, reaching 22,251. Similarly, the S&P SL20 index increased by 0.49 percent, or 29.82 points, to 6,067.
(Colombo/Dec30/2025)
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