Bond Yields

Sri Lankan Rupee Rises to 303.25 per USD; Bond Yields Stable

Sri Lanka’s rupee appreciated, closing stronger at 303.25/40 to the US dollar on Thursday, compared to 303.55/65 on Wednesday, according to dealers. Bond yields remained steady during this period. A bond maturing on December 15, 2026, held stable at 10.30/45 percent. A bond maturing on December 15, 2027, remained steady at 11.60/70 percent. A bond

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Tourism

Sri Lanka’s Foreign Exchange Earnings Reach $4.5 Billion by June 2024

Sri Lanka’s foreign exchange earnings from workers’ remittances and tourism have exceeded USD 4.5 billion by mid-2024. Workers’ remittances reached USD 2,822.6 million from January to June 2024, marking an 11.4% year-on-year increase. June alone saw remittances of USD 964.2 million. Tourism revenue hit USD 1,556.6 million, reflecting a 77.9% increase compared to the same

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Markets

Sri Lankan Rupee Holds Steady Against US Dollar, Stock Market Dips Slightly

Sri Lanka’s rupee remained relatively stable against the US dollar on Tuesday, opening at 300.50/90, a slight change from the previous day’s 300.50/70. Bond yields also showed little movement. There were some minor fluctuations in specific bonds, with some maturing in 2026, 2027, and 2028 experiencing slight increases, while a 2030 bond held steady. However,

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