Sri Lanka rupee at 332.30/40 to US dollar spot, bond yields steady

EconomyNext reports that Sri Lanka’s rupee was quoted at 332.25/35 against the US dollar in the spot market on Tuesday, October 27, with dealers describing it as flat. Its report on Monday put the quote at 332.30/40, weaker than Friday’s 332.10/20.

EconomyNext reports that government bond yields were broadly steady on Tuesday. Rates edged up for several maturities, including bonds due in August 2030 and February 2031, while yields for bonds due in November 2033 and June 2034 were unchanged. The report also lists a slight decline for the September 2029 bond.

EconomyNext reports that the central bank’s telegraphic transfer dollar rate was 327.80 rupees to buy and 336.80 to sell. It gives corresponding euro rates of 363.4893 and 377.2701, and pound rates of 436.1313 and 450.2397.

EconomyNext reports that the Colombo Stock Exchange’s All Share Price Index rose 0.18% to 19,676, while the S&P SL20 gained 0.22% to 5,614. The outlet says a 100-billion-rupee Treasury bill auction was due on October 28.

Newswire’s October 26 headlines describe a slight appreciation of the rupee against the dollar, while Hiru News’ headline characterises the rupee as having depreciated 6.6% against the dollar; neither report provides further detail in the supplied text.