Category: Markets
-
Sri Lanka rupee closes weaker, bond yields slightly lower
On Friday, the Sri Lankan rupee closed at 309.75/85 against the US dollar in the spot market, showing a slight depreciation from the previous day’s rate of 309.45/60, according to market dealers. This decline continues a trend from last year when the rupee weakened from 293.25/75 against the dollar, despite record current account surpluses and