Sri Lanka rupee opens flat, bond yields up

Sri Lankan Rupee Strengthens as Bond Yields Remain Steady

FINANCIAL CHRONICLE – On Friday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.00/30 against the US dollar, compared to the previous day’s rate of 309.10/50, despite recent depreciation trends, according to dealers. Meanwhile, bond yields remained broadly stable. The bond maturing on December 15, 2026, closed at 8.45/50 percent, slightly lower from the previous rate of 8.45/55 percent. The bond set to mature on December 15, 2…

Sri Lanka rupee opens flat, bond yields up

ECONOMYNEXT – Sri Lanka’s rupee opened at 309.15/30 to the US dollar in the spot market Friday, relatively flat from 309.10/50 the previous day, having depreciated in recent weeks, dealers said, while bond yields opened higher. A bond maturing on 15.12.2029 was quoted at 9.64/67 percent, up from 9.63/66 percent. A bond maturing on 01.07.2030 was quoted at 9.71/75 percent, up from 9.70/75 percent. A bond maturing on 01.10.2032 was quoted flat at …