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Sri Lankan Rupee Declines as Bond Yields Remain Stable

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On Wednesday, Sri Lanka’s rupee was quoted at 310.20/50 against the US dollar in the spot market, slightly weaker compared to the 310.10/30 rate on Tuesday, according to market dealers. Meanwhile, bond yields remained largely stable.

For bonds maturing on December 15, 2029, the yield was quoted at 9.57/60 percent, a slight increase from the previous 9.55/60 percent. Bonds due on October 1, 2032, saw yields quoted at 10.20/30 percent, up from 10.18/22 percent. Additionally, bonds maturing on June 1, 2033, were quoted at 10.50/55 percent, rising from 10.45/50 percent. Bonds set to mature on June 15, 2034, were quoted at 10.67/75 percent.

Meanwhile, a Treasury bill auction worth 120 billion rupees was in progress.

The telegraphic transfer rates for the US dollar stood at 306.5000 for buying and 313.5000 for selling. The British pound was quoted at 407.3723 for buying and 418.6757 for selling, while the euro was quoted at 353.0269 for buying and 364.4463 for selling.

On the Colombo Stock Exchange, the All Share Price Index rose by 1.62 percent, or 362.63 points, reaching 22,806.01. Additionally, the S&P SL20 index increased by 1.46 percent, or 92.26 points, to stand at 6,405.91.

(Colombo/Mar4/2026)


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