Sri Lankan Rupee Strengthens to 293.30/50 Against US Dollar; Bond Yields Rise
On Tuesday, the Sri Lankan rupee traded slightly stronger at 293.30/50 against the US dollar, compared to 293.50/80 from the previous day. Bond yields also saw an upward movement, according to market dealers. An auction for 97 billion rupees worth of Treasury bills was ongoing, reflecting active government borrowing. Key bond yield updates include: In