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Wednesday June 29th, 2022

Sri Lanka rupee’s commercial bank quoted rate down; 1-yr t-bill yield up

ECONOMYNEXT – Sri Lanka rupee closed at 367 against US dollar at the close of Thursday trading lower compared to  Wednesday’s close of 366, Commercial bank’s data showed.

The central bank’s interbank spot trade was at 359.85 under a daily guidance rate, unchanged from Wednesday.

In the secondary market only two bills were active during the day, dealers said.

The three-month T-bill closed at 20.40/50 percent on Thursday up from 20.20/40 at Wednesday close, despite there was more than 1 percent fall in the yield of this short-tenure government securities.

The one-year bill yield closed at 21.95/22.00 percent, up from 21.75/95 percent on Wednesday. (Colombo/June 16/2022)

Comments (1)

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  1. Jerom De Silva says:

    No point in sending money through banks as we’ve been outsmarted as always. Sri Lankan foreign workers will not get deceived like before. Let the banks decide whatever the rate they want and we’ll not send money through them anyway.

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Comments (1)

Your email address will not be published.

  1. Jerom De Silva says:

    No point in sending money through banks as we’ve been outsmarted as always. Sri Lankan foreign workers will not get deceived like before. Let the banks decide whatever the rate they want and we’ll not send money through them anyway.