Category: Markets
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Sri Lankan Rupee Holds Steady as Bond Yields Rise
The Sri Lankan rupee opened at 309.15/30 against the US dollar in the spot market on Friday, remaining relatively stable compared to Thursday’s rate of 309.10/50. The currency has experienced depreciation in recent weeks, according to market dealers, while bond yields saw an increase. A bond set to mature on December 15, 2029, was quoted