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Sri Lanka rupee ends weaker at 197.00/198.00 in the one-week forward market

ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 197.00/198.00 levels to the US dollar in the one-week forward market on Friday while bond yields remained unchanged, dealers said.

The rupee last closed in the one- week forward market at 197.75/198.00 to the US dollar on Wednesday.

Sri Lanka’s markets were closed on Thursday for Mahashivratri religious observations.

In the secondary market bond yields remained unchanged on dull market trade, dealers said.

A bond maturing on 15.12.2022 closed at 5.80/87 per cent on Friday, up from 5.75/80 per cent at Wednesday.

A bond maturing on 15.11.2023 closed flat at 6.20/30 per cent on Friday.

A bond maturing on 01.12.2024 closed at 6.55/65 per cent, up from 6.53/57 per cent at Wednesday.

A bond maturing on 01.05.2025 closed at 6.65/80 per cent, down from 6.75/85 per cent at Wednesday.

A bond maturing on 15.02.2026 closed at 7.00/7.10 per cent on Friday, up from 6.97/02 per cent.

A bond maturing on 15.08.2027 closed at 7.40/50 per cent on Friday, up from 7.35/50 per cent.

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A bond maturing on 15.05.2030 closed at 8.10/35 per cent on Friday, steady from 8.10/50 per cent. (Colombo/March12/2021)

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