Category: Markets
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Sri Lankan Rupee Strengthens as Bond Yields Fall
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FINANCIAL CHRONICLE – On Tuesday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.45/55 against the US dollar, an improvement from the previous day’s rate of 309.55/65. In parallel, bond yields saw a decline from the middle to the longer end of the yield curve, according to market dealers. The yield on a
