Sri Lanka’s Rupee Holds Steady at 332.00/333.50 Against the US Dollar, Bond Yields Remain Unchanged

Sri Lanka’s Rupee Holds Steady at 332.00/333.50 Against the US Dollar, Bond Yields Remain Unchanged

FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was valued at 332.00/333.50 against the US dollar in the spot market, a slight decline from […] The post Sri Lanka’s Rupee Holds Steady at 332.00/333.50 Against the US Dollar, Bond Yields Remain Unchanged appeared first on FINANCIAL CHRONICLE.

Sri Lanka stocks close down, continuing trend after rate hike

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Tuesday, CSE data showed, with the benchmark All Share Price Index moving down 0.39 percent. “After rate hike, market hasn’t been doing great,” Dimantha Matthew, Chief Research and Strategy Officer at First Capital Holdings said. The Central Bank of Sri Lanka increased the Overnight Policy Rate by a 100 basis points to 8.75 percent, in an effort to curb rising inflation. Transfer of…

CBSL Rates : Rupee depreciates further against the USD

The Sri Lankan Rupee has depreciated further against the US Dollar today (02), compared to Monday, with both the buying and selling rates increasing.  According to the Central Bank of Sri Lanka, the buying rate of the US Dollar has increased from Rs. 325.97 to Rs. 326.75, while the selling rate has also increased from Rs. 335.70 to Rs. 336.60. The Sri Lankan Rupee has largely appreciated against a basket of foreign currencies, including the Aust…