Category: Markets

  • Sri Lankan Rupee Stabilizes as Bond Yields Remain Steady

    Sri Lankan Rupee Stabilizes as Bond Yields Remain Steady

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    On Wednesday, Sri Lanka’s rupee was quoted at 310.95/311.10 against the US dollar in the spot market, a slight change from 310.95/311.05 the previous day, according to dealers. Meanwhile, bond yields remained broadly stable. A Treasury bill auction worth 130 billion rupees was in progress. The bond market saw varied movements, with a bond maturing

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