Sri Lankan Rupee Declines as Bond Yields Experience Modest Increase

FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was valued at 314.75/315.25 against the US dollar in the spot market, reflecting a decline from the previous day’s rate of 314.70/315.00, according to market dealers. Bond yields experienced a slight increase, but overall trading activity remained subdued.

A bond set to mature on December 15, 2029, was quoted at 9.95/10.00 percent, rising from the earlier rate of 9.80/9.90 percent. Similarly, a bond maturing on March 1, 2030, showed an increase to 10.00/10.03 percent from 9.90/10.00 percent. Furthermore, a bond due on March 15, 2031, was quoted at 10.05/10.15 percent, up from 10.00/10.00 percent.

Last Friday, the rupee stood at 311.80/312.00 to the dollar. The telegraphic transfer rates for the US dollar were recorded at 311.2500 for buying and 318.2500 for selling. For the British pound, the buying rate was 411.4501, while the selling rate reached 422.7535. The euro had a buying rate of 355.8446 and a selling rate of 367.2640.

On the Colombo Stock Exchange, the All Share Price Index fell by 1.00 percent, equivalent to a decrease of 212.79 points, bringing it to a total of 21,162.94. The S&P SL20 index also declined by 1.10 percent, or 65.74 points, to close at 5,934.25. (Colombo/Mar30/2026)