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Wednesday October 5th, 2022

Sri Lanka central bank guidance peg falls 24 cents

ECONOMYNEXT – A guidance peg announced by Sri Lanka’s central bank for interbank transactions dropped 24 cents to 359.79 against the US dollar on July 04 from the previous day’s 359.55, banks’ data showed.

Commercial banks offered dollars for telegraphic transfers at rates between 366.79 and 370.00 for small transactions on Monday, steady from Friday, the data showed.

Banks offered to buy inward remittances at 356.50 -359.00 rupees, also steady from Friday.

In the secondary market, the market was active on thin trade, dealers said.
A bond maturing on 01.06.2025 closed at 25.00/25.10 percent on Monday, up from 24.00/25.00 percent at Friday (01) close.
The three-month bill closed at  24.75/25.15 percent on Monday.
The one-year bill was quoted at 24.75/25.30 percent on Monday up from 24.30/25.00 percent on Friday Close. (Colombo/July 04/2022)

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