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ECONOMYNEXT – Sri Lanka’s authorities bonds have been inactive Monday morning because the market awaited an announcement on home debt restructuring later within the week, sellers mentioned whereas the spot US greenback was quoted at 307/308.50 rupees.
The rupee closed at 307/308 rupees on Friday.
Bond markets have been quiet with out lively agency quotes, shortly after opening, sellers mentioned. A Treasury invoice public sale is to be held on Tuesday.
Sri Lanka’s cupboard of ministers are anticipated to contemplate a home debt restructuring plan which will even undergo the parliament’s committee on public finance earlier than being debated, Central Financial institution Governor Nandalal Weerasinghe has mentioned.
Sri Lanka gave a financial institution vacation on June 30, giving a complete of 5 days of holidays.
The Colombo Inventory Trade has additionally declared Friday a vacation.
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