Category: Markets
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Sri Lankan Rupee Shows Modest Recovery, Bond Yields Remain Stable
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Sri Lanka’s rupee concluded trading at 311.00/20 against the US dollar in the spot market on Friday, showing a slight improvement from the previous day’s rate of 310.50/311.10, according to market dealers. However, this rate remains considerably weaker compared to 309.20/25 recorded last Friday. Meanwhile, bond yields remained largely stable. A bond set to mature
