Category: Markets

  • Sri Lankan Rupee Declines as Short-Term Bond Yields See Uptick

    Sri Lankan Rupee Declines as Short-Term Bond Yields See Uptick

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    Sri Lanka’s rupee was quoted at 309.05/15 to the US dollar in the spot market on Tuesday, showing a slight weakening from 309.00/10 the previous day. The currency has depreciated over recent weeks, according to market dealers, with opening quotes for short tenors trending higher. Bonds maturing on various dates showed varying yields. A bond

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