Category: Markets

  • Sri Lankan Rupee Strengthens as Bond Yields Rise

    Sri Lankan Rupee Strengthens as Bond Yields Rise

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    Sri Lanka’s rupee closed at 309.35/40 against the US dollar in the spot market on Wednesday, showing an improvement from the previous day’s rate of 309.40/50, according to market dealers. Meanwhile, bond yields experienced slight upward movements. A bond maturing on December 15, 2026, closed at 8.15/25 percent, a decrease from the prior rate of

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