Category: Markets
-
Sri Lankan Rupee Strengthens as Bond Yields Remain Steady
FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.00/30 against the US dollar, compared to the previous day’s rate of 309.10/50, despite recent depreciation trends, according to dealers. Meanwhile, bond yields remained broadly stable. The bond maturing on December 15, 2026, closed at 8.45/50 percent, slightly lower from