Category: Markets
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Sri Lankan Rupee Declines Amid Fluctuating Bond Yields
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Sri Lanka’s rupee began the week on a weaker note, trading at 309.75/310.20 against the US dollar in the spot market on Monday. This marks a significant depreciation from Friday’s rate of 309.20/25, according to dealers. Meanwhile, bond yields opened higher due to tensions in the Middle East, but renewed buying interest at elevated levels
