Sri Lanka’s rupee opened stronger on Friday, trading at 298.70/80 against the US dollar, according to market dealers. The rupee had closed at 298.80/90 on Thursday. Bond yields also saw an uptick, and stocks opened with a slight rise of 0.09 percent. In the secondary bond market: In the stock market, the Colombo All Share
Sri Lanka’s rupee opened weaker on Tuesday, trading at 299.10/30 to the US dollar, according to market dealers. This marks a slight depreciation from the previous day’s closing rate of 298.80/299.00. Bond yields remained largely steady in the secondary market. A bond maturing on December 15, 2026, was quoted at 11.00/15 percent, slightly down from
Sri Lanka’s rupee strengthened to 300.80/301.05 against the US dollar on Thursday, compared to 301.55/65 on Wednesday, according to market dealers. Concurrently, bond yields saw an increase across various maturities. A bond maturing on 15th December 2026 closed at 10.95/11.10 percent, up from 10.80/11.05 percent. The yield for a bond maturing on 15th December 2027
In June 2024, Sri Lanka’s central bank was a net seller in the foreign exchange market, selling $57 million to banks without purchasing any dollars. This follows a previous trend where the central bank bought $224.5 million and sold $32 million in May. The build-up of excess liquidity reached 200 billion rupees due to dollar