ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 176.17/25 against the US dollar on Thursday while bond yields were stable, dealers said.
The rupee closed at 176.20/30 against the greenback on Wednesday.
Liquidity in the overnight money market was 46.22 billion rupees, up from 41.85 billion rupees on Wednesday.
In the secondary bond market, yields were steady in a dull trading, dealers said.
Dealers said there were just two transactions for the day.
A bond maturing on 15.10.2021 closed at 8.90/96 percent on Thursday, up from 8.82/88 percent at Wednesday’s close.
A bond maturing on 15.03.2023 closed at 9.48/53 percent, steady from 9.48/52 percent.
A bond maturing on 05.06.2024 closed at 9.80/84 percent, up from 9.76/80 percent.
A bond maturing on 01.08.2026 closed at 9.90/10.00 percent, gaining from 9.90/96 percent.
A bond maturing on 15.01.2027 closed at 9.98/10.02 percent, up from 9.95/10.03 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.00/10 percent, down from 10.02/12 percent.
(COLOMBO, 25 July 2019)