Sri Lankan Rupee Starts Trading on Stronger Footing Against US Dollar at 298.80/299.30
Sri Lanka’s rupee started the week on a stronger note against the US dollar, opening at 298.80/299.30 compared to the previous week’s rate.
Sri Lanka’s rupee started the week on a stronger note against the US dollar, opening at 298.80/299.30 compared to the previous week’s rate.
At Wednesday’s auction, Sri Lanka’s 3-month Treasury bill yield experienced a notable decline of 18 basis points, dropping to 9.43 percent, as per.
On Tuesday, Sri Lanka’s rupee concluded at 299.40/70 against the US dollar, a slight depreciation from the previous day’s rate of 298.00/50, according.
The secondary bond market began the week on a positive note, witnessing robust transaction volumes and a continued decline in yields on May.
According to the Financial Times, Sri Lanka is exploring innovative debt restructuring measures, including the introduction of GDP-tied payouts into bonds, in an.
Sri Lanka recently auctioned 99.7 billion rupees worth of bonds maturing in 2028, 2030, and 2032, as reported by the state debt office..
The Sri Lankan rupee opened stronger against the US dollar, starting at 297.10/20 compared to the previous day’s close of 297.95/298.10, according to.