Sri Lanka rupee closes weaker at 331.60/70 to US dollar spot, bond yields higher

EconomyNext reports that on Thursday, October 22, Sri Lanka’s rupee traded at 332.11/20 per US dollar in the spot market, compared with 331.90/332.05 on Wednesday. Newswire reports that commercial-bank dollar rates also moved higher at some banks compared with Wednesday.

Newswire reports Seylan Bank’s dollar buying and selling rates rose to 327.55 and 336.80 rupees, respectively, while NDB Bank’s rates increased to 327.40 and 336.40. People’s Bank rates rose to 327.86 buying and 335.99 selling. Newswire says Commercial Bank’s rates remained at 325.83 and 335.75, and Sampath Bank’s at 328.00 and 336.00.

EconomyNext reports that Treasury-bond yields varied by maturity: the September 2029 and August 2030 bonds were unchanged at 11.05/15% and 11.50/60%, while the December 2031 bond yield declined to 11.73/78% from 11.80/90%. The January 2033 and October 2034 yields increased to 12.15/22% and 12.35/45%, respectively.

EconomyNext reports the dollar telegraphic-transfer rate at 327.50 rupees buying and 336.50 selling; the euro at 365.2293 and 379.0101; and the pound at 437.3082 and 451.4166. It also reports that the Colombo Stock Exchange’s All Share Price Index fell 21.38 points, or 0.11%, to 19,905, while the S&P SL20 gained 9.84 points, or 0.17%, to 5,666.

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.