Category: Markets
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Sri Lankan Rupee Steady as Bond Yields Decline on Extended Tenors
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FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee concluded trading at 309.76/80 against the US dollar in the spot market, a slight change from 309.75/85 the previous day, amidst a recent trend of depreciation, according to market dealers. Meanwhile, bond yields experienced a decline, particularly noticeable at the longer end of the yield curve, while
