Sri Lanka Rupee Stable at 293.05/15 Against US Dollar; Bond Yields Steady
Sri Lanka’s rupee opened flat at 293.05/15 to the US dollar on Thursday, unchanged from the previous day’s rate of 293.00/20, while bond.
Sri Lanka’s rupee opened flat at 293.05/15 to the US dollar on Thursday, unchanged from the previous day’s rate of 293.00/20, while bond.
Sri Lanka’s rupee appreciated on Tuesday, closing at 293.15/20 against the US dollar, up from the previous day’s rate of 293.45/55, according to.
On Thursday, the Sri Lankan rupee opened weaker at 296.60/297.20 to the US dollar, compared to 296.40/80 the previous day, according to dealers..
Sri Lanka’s dollar bonds took a significant hit following the victory of leftist candidate Anura Kumara Dissanayake in the presidential election, raising concerns.
According to the Financial Times, Sri Lanka is exploring innovative debt restructuring measures, including the introduction of GDP-tied payouts into bonds, in an.