Category: Markets

  • Sri Lankan Rupee Strengthens as Bond Yields Remain Stable

    Sri Lankan Rupee Strengthens as Bond Yields Remain Stable

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    FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was quoted at 309.55/60 against the US dollar in the spot market, showing an improvement from the previous day’s rate of 309.75/80, despite recent weeks of depreciation, according to traders. Meanwhile, bond yields remained largely stable. The yield on a bond maturing on December 15, 2028,

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