Category: Markets
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Sri Lankan Rupee Declines as Bond Yields Remain Stable
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Sri Lanka’s rupee experienced a decline, closing at 309.25/35 against the US dollar in the spot market on Friday. This follows an opening rate of 309.10/20, marking a depreciation over recent weeks, according to market dealers. Meanwhile, bond yields remained largely steady. The bond maturing on March 15, 2028, closed at a yield of 8.95/9.05
