Sri Lankan Rupee Strengthens to 304.25 as Bond Yields Decline
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