CBSL rates: Sri Lankan Rupee depreciates further against USD

EconomyNext reports that on Monday, October 26, the rupee traded at 332.30/40 per US dollar in Sri Lanka’s spot market, compared with 332.10/20 on Friday. Newswire reports that the currency had appreciated slightly against the dollar across commercial banks compared with Friday, although its listed rates show unchanged or reduced dollar buying and selling prices at the banks it covered.

Newswire reports that Seylan Bank kept its dollar buying rate at 328.00 rupees and selling rate at 337.25. It reports NDB Bank’s buying and selling rates fell to 327.70 and 336.70; People’s Bank’s fell to 328.06 and 336.19; Commercial Bank held at 326.33 and 336.25; and Sampath Bank’s rates declined to 328.25 and 336.25.

EconomyNext reports government bond yields were broadly steady, with quoted yields varying by maturity. The 2030 and 2031 bonds it listed were mostly slightly lower, while the bond maturing in January 2033 rose to 12.10/20 percent from 11.90/12.05 percent; the June 2034 bond was unchanged at 12.35/45 percent. EconomyNext also gives telegraphic transfer rates of 327.65 buying and 336.65 selling for the dollar, 365.1652 and 378.9460 for the euro, and 437.5588 and 451.6672 for the pound.

EconomyNext reports the Colombo Stock Exchange’s All Share Price Index slipped 0.02 percent, or 4.73 points, to 19,680, while the S&P SL20 rose 0.14 percent, or 7.58 points, to 5,621. Hiru News provides only a headline saying the rupee had depreciated 6.6 percent against the dollar; it gives no period or supporting details. Newswire’s separate report about October 23 describes further depreciation but provides no figures in the supplied text.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.