Category: Markets

  • Sri Lankan Rupee Strengthens as Bond Yields Decline

    Sri Lankan Rupee Strengthens as Bond Yields Decline

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    Sri Lanka’s rupee was quoted at 309.30/40 to the US dollar in the spot market on Friday, showing a slight appreciation from the previous day’s rate of 309.45/50, according to market dealers. Meanwhile, bond yields on the mid- to long-term end of the yield curve continued to decline. A bond maturing on June 15, 2029,

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