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Sri Lanka rupee guidance peg edges down; sees dull trade in bonds 

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ECONOMYNEXT – A rupee guidance peg against US dollar for interbank transactions announced by Sri Lanka’s central bank weakened 9 cents on Thursday while yields in Sri Lanka Treasury Bills were unquoted and T-bonds remained steady in dull trade on Thursday, dealers said.

Sri Lanka’s central bank announced the guidance peg for interbank transactions weakened to 361.90 rupees against the US dollar from Wednesday’s 361.81 rupees.

A bond maturing on 01. 06. 2025 closed at 28.00/10 percent steady from the previous close of 27.98/28.08 percent.

A bond maturing on 15.07.2029 closed unchanged at 28.30/29.00 percent.

Dealers said no T-Bills were quoted on Thursday.

Data showed that commercial banks offered dollars for telegraphic transfers between 368.90 and 370.00 for small transactions.

Banks offered to buy inward remittances at 358.90 -359.00 rupees. (Colombo/Sep 08/2022)

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