FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was valued at 322.00/323.50 against the US dollar in the spot market, showing improvement from the previous day’s rate of 325.50/327.00, according to market participants. Concurrently, bond yields experienced an increase following the recent interest rate adjustment.
The central bank of Sri Lanka raised interest rates by 100 basis points, bringing the rate to 8.75 percent.
In terms of telegraphic transfer rates, the rupee was quoted at 321.50 for buying and 330.50 for selling against the US dollar.
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For bonds, the yield on a bond maturing on July 1, 2028, was reported at 10.10/15 percent. Meanwhile, a bond set to mature on June 15, 2029, was quoted at 10.40/80 percent, and another maturing on August 1, 2030, was reported at 10.50/11.00 percent. (Colombo/May26/2026)
