Sri Lankan Rupee Weakens to 304.25/50, Bond Yields Rise, Stocks Open Higher
Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields saw an upward movement, while the stock market opened stronger. In the secondary bond market, a bond maturing on December 15, 2028, was quoted at 11.85/90 percent, up from 11.70/80 percent the