Sri Lanka’s rupee opened weaker at 292.68/75 to the US dollar on Friday, reflecting a slight dip from 292.55/65 on Thursday. Meanwhile, bond yields showed a significant decrease across the board, with notable drops in the yields for bonds maturing in 2026, 2027, and 2028. For instance, a bond maturing on 15.12.2026 was quoted at
On Thursday, Sri Lanka’s rupee was quoted at 292.80/85 against the US dollar, reflecting an improvement from the previous day’s rate of 293.00/20. Dealers noted that bond yields remained steady during this period. Specifically, a bond maturing on December 15, 2026, was quoted at 10.65/85%, slightly up from Wednesday’s closing of 10.60/80%. Meanwhile, a bond
The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) reached a significant milestone last week, crossing the 12,000 mark for the first time since July 3. The ASPI increased by 123.50 points, closing at 12,053.49. Additionally, the market turnover for the day was recorded at Rs. 2.8 billion, highlighting positive activity in
The selling rate of the US dollar has fallen below Rs. 300 for the first time since June 8, 2023, reaching Rs. 299.35 yesterday (October 2). In addition, the buying rate for the US dollar is currently set at Rs. 290.30.
Sri Lanka’s rupee appreciated to 294.75/295.00 against the US dollar on Tuesday, strengthening from 296.10/60 recorded the previous day. Meanwhile, bond yields exhibited mixed movements. A bond maturing on December 15, 2026, saw its yield rise slightly to 10.70/85 percent, compared to 10.65/80 percent on Monday. However, yields on other bonds decreased: In related news,
As of September 30, 2024, the price of 22 Carat gold in Sri Lanka for 8 grams (1 pawn) is Rs. 205,950. The cost of 1 gram of 22 Carat gold is Rs. 25,740, while the price for 8 grams of 24 Carat gold is Rs. 224,600. Gold Unit Prices: Gold Unit Gold Price Gold
Sanasa Development Bank PLC has announced the appointment of Kapila Prasanna Ariyaratne as its new Executive Director and Chief Executive Officer (CEO), effective from October 7, 2024. Ariyaratne, a seasoned banking professional, brings extensive experience to his new role, having previously served at Seylan Bank. His leadership is expected to guide the bank through its
As of September 24, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 207,400 for 8 grams (1 pawn), while the cost for 1 gram is Rs. 25,930. For 24-carat gold, 8 grams are priced at Rs. 226,200, with 1 gram available at Rs. 28,280. The price of a gold ounce is
Sri Lanka’s rupee strengthened on Monday, closing at 304.25/75 against the US dollar, recovering from its previous close of 305.25/306.00 on Friday, according to market dealers. Bond yields also saw a positive rally. A bond maturing on May 1, 2027, ended at 12.70/90 percent, a drop from the previous 12.90/13.10 percent. Similarly, a bond maturing
Sri Lanka’s rupee strengthened on Monday, trading at 303.90/304.10 against the US dollar, an improvement from Friday’s 305.25/306.00, following the election of a new president, according to market dealers. Bond yields also declined, while stocks saw a dip at the opening. A bond maturing on February 15, 2028, was quoted at 13.58/13.63 percent, down from