ECONOMYNEXT – Sri Lanka’s rupee closed stronger at 181.30/45 to the US dollar on Friday and bond yields were flat, dealers said.
The rupee closed at 181.45/65 against the greenback in the spot market on Thursday.
Liquidity in the overnight money market was 28.48 billion rupees, down from 33.06 billion rupees on Thursday.
Banks deposited 29.78 billion rupees through the central bank window, down from 34.32 billion rupees yesterday.
The central bank offered 10 billion rupees in an overnight repo auction to mop up liquidity, but there were no bids.
In the secondary bond market, yields remained unchanged with no foreign transactions for the day, dealers said.
A bond maturing on 15.12.2021 closed at 8.75/80 percent, unchanged from Thursday.
A bond maturing 15.07.2023 closed flat at 9.85/90 percent.
A bond maturing on 15.09.2024 closed at 10.26/30 percent on Thursday, edging up from 10.25/30 percent at Thursday’s close.
A 15-year bond maturing on 15.09.2034 closed at 10.73/78 percent, unchanged from Thursday.