Category: Markets

  • Sri Lankan Rupee Strengthens as Bond Yields Decline

    Sri Lankan Rupee Strengthens as Bond Yields Decline

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    The Sri Lankan rupee strengthened against the US dollar in the spot market, closing at 309.35/45 on Friday, an improvement from the 309.45/50 mark recorded the previous day, according to market dealers. Meanwhile, bond yields experienced a decline. Specifically, the bond maturing on December 15, 2026, saw its yield close at 8.20/35 percent, down from

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