ECONOMYNEXT – Sri Lanka’s rupee opened trading on Monday (April 21) at 298.85/299.25 against the US dollar in the spot market, slightly strengthening from Thursday’s close of 299.00/10, dealers said. Meanwhile, government bond yields remained broadly steady with little movement across maturities.
A bond maturing on 15 September 2027 was quoted flat at 9.70/80 percent. The bond maturing on 15 February 2028 was trading at 9.95/10.00 percent. Meanwhile, the bond maturing on 1 May 2028 eased slightly to 10.05/15 percent from 10.08/13 percent on Thursday. The bond maturing on 15 October 2028 was quoted at 10.20/30 percent, also softening marginally from the previous 10.23/28 percent. Bonds maturing on 15 September 2029 remained steady at 10.50/60 percent, while those maturing on 15 December 2029 closed at 10.55/65 percent, a slight dip from 10.58/62 percent.
Sri Lankan stocks also showed positive momentum after the long weekend. The broader All Share Price Index (ASPI) rose by 0.37 percent, gaining 57.65 points to reach 15,674.22. The more liquid S&P SL20 Index climbed 0.65 percent, or 29.99 points, to close at 4,654.23.
(Colombo/Apr21/2025)