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Sri Lankan Rupee Declines as Bond Yields Fall

On Tuesday, Sri Lanka’s rupee was quoted at 309.50/55 against the US dollar in the spot market, slightly up from 309.43/50 the previous day, according to market dealers. Meanwhile, bond yields showed a notable decline. The yield on a bond maturing on December 15, 2029, was quoted at 9.45/55 percent. For a bond maturing on

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