Author: Sienna De Silva

  • Sri Lankan Rupee Declines as Bond Yields Remain Stable

    Sri Lankan Rupee Declines as Bond Yields Remain Stable

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    Sri Lanka’s rupee was quoted at 311.00/10 to the US dollar in the spot market on Friday, maintaining a level from the previous day’s 311.00/05, according to market dealers. Bond yields remained largely stable during this period. A bond set to mature on December 15, 2029, was quoted unchanged at 9.55/60 percent. Another bond, maturing

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