Sri Lanka Rupee Weaker, Bond Yields Dropping

Sri Lankan Rupee Declines as Bond Yields Decrease - FINANCIAL CHRONICLE

FINANCIAL CHRONICLE – On Thursday, the Sri Lankan rupee ended the day trading at 315.85/316.10 against the US dollar in the spot market, marking a […] The post Sri Lankan Rupee Declines as Bond Yields Decrease appeared first on FINANCIAL CHRONICLE.

Sri Lanka rupee weaker, bond yields dropping

ECONOMYNEXT – Sri Lanka’s rupee was quoted at 315.45/75 to the US dollar in the spot market Thursday, from 315.55/65 Wednesday, dealers said, while bond yields were dropping amidst cautious optimism over US-Iran and Israel-Lebanon peace talks, and a moderation in global oil prices. Global markets rallied on Thursday after US president Donald Trump indicated in a Fox News interview that a diplomatic resolution was in sight. A bond maturing on 15.…