Sri Lanka rupee ends flat after intra-day rise, bonds flat

ECONOMYNET – Sri Lanka’s rupee closed around 182.80/183.00 around the same as a day earlier, after a sudden rise intra-day in the first of trading in 2019, dealers said.

The rupee closed around 182.90/183.00 on Monday against the US dollar in the spot market.

In intra-day trading on Tuesday the rupee was seen trading as strong as 182.00 before falling towards the end of the day, market participants said.

Bond yields were mostly flat, ahead of a Treasury bill auction on Wednesday.

A bond maturing on 15.12.2021, was quoted at 11.45/50 percent Tuesday, about the same from Tuesday close of 11.50/52 percent, dealers said.

A bond maturing on 15.07.2023, was quoted at 11.60/65 percent Tuesday, flat dealers said.

A bond maturing on 01.08.2026 bond was quoted around at 11.66/11.70 percent flat. (Colombo/Jan02/2019 – corrected/recast)

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