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Foreigners sell US$44.1mn worth Sri Lanka rupee bonds in two weeks
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Foreigners sell US$44.1mn worth Sri Lanka rupee bonds in two weeks
ECONOMYNEXT – Foreign investors sold US$44.1 million worth of Sri Lanka government securities in the two weeks ended March 31, Central Bank data showed, amid renewed depreciation pressure on the local currency. Foreigners sold a net 13,658 million rupees (US$44.1 million at 1$=310 rupees) in the two weeks. Foreigners have sold rupee bonds for a 10th week in the last 29. The latest outflow in the last two reduced foreign investments in rupee bond…
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