FINANCIAL CHRONICLE

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  • Sri Lankan Rupee and Bond Yields Strengthen Amid Decline in Global Oil Prices

    by

    Sienna De Silva
    in ,

    FINANCIAL CHRONICLE – On Tuesday, Sri Lanka’s rupee was quoted at 311.0/20 against the US dollar in the spot market, showing an improvement from Monday’s rate of 311.60/90, according to dealers. This appreciation occurred as bond yields decreased, following a decline in global oil prices from Monday’s peak. The secondary bond market experienced a recovery,

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