Thursday June 27, 2019

Sri Lanka rupee opens steady

Jan 08, 2019 08:58 AM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - The Sri Lanka rupee opened steady at 182.10/40 rupees against the US dollar in the spot market Tuesday, market participants said.

The currency closed Monday at 182.25/35 rupees against the greenback, strengthening from Friday's closing of 182.65/75 rupees.

On Monday banks borrowed 97.9 billion rupees from the Central Bank's overnight window at 9 percent, down from Friday's 115.03 billion rupees, to meet a liquidity crunch created by the Central Bank's currency defense. 

There were no quotes for bonds in early secondary market trading, dealers said.

A bond maturing in 2021 ended Monday at 11.26/30 percent, easing from the previous close of 11.28/33 percent.

A bond maturing in 2026 closed Monday at 11.60/62 percent, easing slightly from Friday's closing of 11.60/65 percent. (COLOMBO, 08 January 2019)


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