Sri Lankan Rupee Holds Steady as Bond Yields Rise

The Sri Lankan rupee opened at 309.15/30 against the US dollar in the spot market on Friday, remaining relatively stable compared to Thursday’s rate of 309.10/50. The currency has experienced depreciation in recent weeks, according to market dealers, while bond yields saw an increase.

A bond set to mature on December 15, 2029, was quoted at a yield of 9.64/67 percent, slightly higher than the previous rate of 9.63/66 percent. Similarly, a bond maturing on July 1, 2030, was quoted at 9.71/75 percent, up from 9.70/75 percent. Meanwhile, a bond set to mature on October 1, 2032, remained unchanged at 10.28/33 percent.

The telegraphic transfer rates for the dollar were listed at 305.8500 for buying and 312.8500 for selling. For the British pound, the rates were 409.7568 for buying and 421.1186 for selling. The euro was quoted at 354.0809 for buying and 365.4441 for selling.

On the Colombo Stock Exchange, indices showed an upward trend. The All Share Price Index (ASPI) increased by 0.37 percent, or 87.65 points, reaching 23,614. The S&P SL20 index also rose by 0.30 percent, or 19.31 points, to 6,477.

(Colombo/Jan9/2026)