Sri Lanka Rupee Weaker, Bond Yields Broadly Steady

Sri Lanka rupee weaker, bond yields broadly steady

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 309.75/80 to the US dollar in the spot market Monday, slightly weaker from 309.70/80 on Friday, having depreciated in recent weeks, dealers said, while bond yields were broadly steady. A bond maturing on 15.02.2028 was quoted at 9.06/10 percent. A bond maturing on 15.03.2028 was quoted at 9.05/15 percent, up from 9.05/10 percent. A bond maturing on 15.10.2029 was quoted at 9.67/72 percent. A bond mat…

Sri Lankan Rupee Declines as Bond Yields Remain Stable

The Sri Lankan rupee was quoted at 309.75/80 against the US dollar in the spot market on Monday, showing a slight depreciation from Friday’s rate of 309.70/80, according to dealers. Despite this, bond yields remained broadly stable. In the bond market, a bond maturing on February 15, 2028, was quoted at 9.06/10 percent. The bond maturing on March 15, 2028, saw an increase, with quotes at 9.05/15 percent, up from 9.05/10 percent. Meanwhile, a bon…