Category: Markets

  • Sri Lankan Rupee Steady as Bond Yields Decline

    Sri Lankan Rupee Steady as Bond Yields Decline

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    The Sri Lankan rupee was quoted at 309.50/55 to the US dollar in the spot market on Tuesday, a slight improvement from 309.55/65 the previous day. Alongside, bond yields opened lower, according to market dealers. An auction for 120 billion rupees in Treasury bills is currently underway. Notably, the yield on a bond maturing on

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