Category: Markets
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Sri Lankan Rupee Steady as Short-Term Bond Yields Decline
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FINANCIAL CHRONICLE – On Wednesday, the Sri Lankan rupee was quoted at 309.65/80 against the US dollar in the spot market, remaining relatively stable from the previous day’s quote of 309.65/75. The currency has shown depreciation in recent weeks, according to dealers. Meanwhile, bond yields experienced a decline on shorter tenors following the central bank’s
