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Sri Lanka rupee at 332.70/80 to US dollar spot, bond yields drop

 Sri Lanka’s rupee was quoted at 332.70/80 to the US dollar spot on Wednesday, weaker from 332.65/70 the previous day, while bond yields were quoted lower, dealers said.

An auction of 90,000 million rupees Treasury bills was ongoing.

A bond maturing on 01.03.2030 was quoted at 11.35/45 percent.

A bond maturing on 01.08.2030 was quoted at 11.50/55 percent, down from 11.55/60 percent.

A bond maturing on 01.11.2033 was quoted at 12.30/34 percent.

A bond maturing on 15.10.2034 was quoted at 12.47/53 percent, down from 12.50/55 percent.

A bond maturing on 15.08.2036 was quoted at 12.75/80 percent, down from 12.80/85 percent.

The rupee had depreciated 6.8 percent against the US dollar by the end of October on a year-to-date basis, the Central Bank said.

The telegraphic transfer rate for the dollar was 328.20 buying, 337.20 selling; the euro was 366.1984 buying, 379.9792 selling; pound was 440.6239 buying, 454.7323 selling.

On the Colombo Stock Exchange, the All Share Price Index was up 0.35 percent, or 70.69 points, at 20,190; while the S&P SL20 was up 0.47 percent, 26.87 points, at 5,749.

Source : Economy Next

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