Category: Markets
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Sri Lankan Rupee Decline Fuels Rise in Short-Term Bond Yields
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On Wednesday, Sri Lanka’s rupee concluded trading in the spot market at 310.30/60 against the US dollar, a slight depreciation from the previous day’s closing rate of 310.10/30, according to market dealers. In the bond market, yields showed a minor increase on the shorter end of the curve, while remaining largely stable across the rest
