Sri Lanka rupee quoted weaker at 195/199 levels in one-week forwards
ECONOMYNEXT – Sri Lanka’s rupee opens weaker at 195/199 levels to the US dollar in the one-week forwards market on Wednesday while bond yields slightly up, dealers said.
The rupee last closed in the one- week forward market at 196.50/197.50 to the dollar on Tuesday.
The rupee has fallen from 186.40 in December 2020 to 194.40 to the US dollar in January 2021.
In the secondary market bond yields were slightly gained while the overall market remained dull, dealers said.
CBSL announced to issue 45 billion rupees’ worth of T-bills at the bill auction today.
A bond maturing on 15.12.2022 was quoted at 5.70/85 per cent on Wednesday, up from 5.70/77 per cent at Tuesday’s end.
A bond maturing on 15.11.2023 was quoted at 6.23/30 per cent on Wednesday, up from 6.22/29 per cent at Tuesday’s end.
A bond maturing on 01.12.2024 was quoted at 6.70/80 per cent on Wednesday, up from 6.72/75 per cent Tuesday’s end.
A bond maturing on 01.05.2025 was quoted at 6.90/10 on Wednesday, steady from 6.90/05 per cent at the previous day’s end.
A bond maturing on 15.02.2026 closed at 7.05/25 per cent, up from 7.05/15 per cent at Tuesday’s end.
A bond maturing on 15.08.2027 was quoted at 7.40/60 per cent unchanged from the previous close.
A bond maturing on 15.05.2030 was quoted flat at 8.10/50 per cent. (Colombo/March 03/2021)