Category: Markets
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Sri Lanka rupee improves at close but still weak, bond yields up
On Wednesday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.60/80 against the US dollar, recovering from the previous day’s rate of 310.00/310.20, according to market dealers. However, bond yields experienced an upward trend. In 2025, the Sri Lankan rupee depreciated despite record current account surpluses and improvements in the national budget. This