The Sri Lankan rupee has been recognised as the best performing emerging market currency as of August 2024, showing an impressive spot return of 8.21%, according to Bloomberg market data. The rupee has held this title for five consecutive months, starting from March, making it the strongest emerging market currency so far this year. In
Sri Lanka’s rupee opened weaker on Monday, trading at 299.75/300.50 against the US dollar, according to currency dealers. This follows the rupee’s close at 299.70/300.00 against the greenback on Friday. In the bond market, yields dipped, with a bond maturing on 01.07.2028 quoted at 12.45/55 percent, down from 12.45/60 percent. Meanwhile, a bond maturing on
Sri Lanka’s rupee strengthened to 299.00/15 against the US dollar in early trading on Thursday, showing an improvement from the previous day’s close of 299.15/25, according to currency dealers. In the secondary market, treasury bond yields remained largely steady. A bond maturing on December 15, 2026, was quoted at 11.10/20 percent, slightly up from 11.05/30
The current exchange rates for the Sri Lankan Rupee (LKR) against various currencies are as follows:
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
As of the latest exchange rates, the Sri Lankan Rupee (LKR) stands as follows against major global currencies:
On Wednesday, the Sri Lankan rupee opened unchanged at 302.10/30 against the US dollar, according to dealers. Bond yields remained steady, and the stock market saw a slight increase of 0.08 percent. The rupee had closed at 302.10/20 to the greenback on Tuesday. In the secondary bond market, yields were broadly stable. A bond maturing
Sri Lanka’s rupee opened weaker at 302.30/50 to the US dollar on Tuesday, according to dealers. This marks a slight decline from Monday’s closing rate of 302.30/43. In the secondary bond market, yields remained relatively stable. A bond maturing on December 15, 2026 was quoted at 10.70/80 percent, down from 10.75/80 percent. Meanwhile, a bond
As of today, the exchange rates for major currencies against the Sri Lankan Rupee are as follows:
Fitch Ratings has assigned Hatton National Bank PLC (HNB, A(lka)/Stable) a final National Long-Term Rating of ‘BBB+(lka)’ for its proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures, amounting up to Rs 12 billion. This final rating aligns with the expected rating assigned on April 4, 2024, following the receipt of documents confirming previously received information.