ECONOMYNEXT – Sri Lanka’s rupee weakened slightly against the US dollar on Tuesday, opening at 299.50/80 in the spot market compared to 298.85/299.25 on Monday, according to currency dealers. Meanwhile, government bond yields remained broadly steady across maturities.
A bond maturing on 01 August 2026 was quoted at 8.70/85 percent. The bond maturing on 15 September 2027 edged slightly lower, quoted at 9.65/75 percent compared to 9.65/80 percent the previous day. A bond maturing on 15 March 2028 moved up to 9.98/10.00 percent from 9.95/10.00 percent. The bond maturing on 01 July 2028 was steady at 10.10/15 percent. A bond maturing on 15 October 2028 ticked higher to 10.22/29 percent from 10.22/28 percent, while the longer-term bond maturing on 15 December 2029 rose to 10.60/65 percent, up from 10.55/65 percent.
In the stock market, the broader All Share Price Index (ASPI) fell slightly by 0.05 percent, losing 7.55 points to close at 15,592.06. Meanwhile, the more liquid S&P SL20 Index dropped 0.16 percent, down 7.62 points to end at 4,613.60.
The market continues to monitor fluctuations in the rupee and bond market movements amid broader economic stabilization efforts.