Sri Lanka rupee at 332.60/70 to US dollar spot, bond yields steady

Daily Mirror reports that on Oct. 29 the Sri Lankan rupee weakened further against the US dollar, with the Central Bank of Sri Lanka’s dollar selling rate at Rs. 337.13. Newswire also reports further depreciation that day, while its reports say the rupee was steady against the dollar on Oct. 30 compared with the previous day.

EconomyNext reports differing market quotes across its Oct. 29 and Oct. 30 reports. For Oct. 29, it gives a spot quote of 332.67/75 per dollar and a telegraphic transfer selling rate of Rs. 337.05; its Oct. 30 report gives spot at 332.60/70 and a transfer selling rate of Rs. 337.10. Dealers were cited for the spot and bond-market figures.

Newswire, citing the Central Bank’s External Sector Performance report, says the exchange rate was Rs. 332.61 per dollar at end-October 2026, compared with Rs. 309.99 at end-2025 and Rs. 292.58 at end-2024. It reports depreciation of 6.8% in the first ten months of 2026 and says the rise in the rupee cost of a dollar can raise local costs for imports and other dollar-denominated payments.

Newswire reports gross official reserves of US$6.9 billion at end-September, including a swap facility with the People’s Bank of China. It also reports that the merchandise trade deficit widened to US$7.9 billion in January–September 2026 from US$5.2 billion in the same period a year earlier, although the September deficit narrowed to US$731 million as merchandise export earnings strengthened.

EconomyNext reports bond yields were steady to lower in its Oct. 29 market update and mostly steady in its Oct. 30 update, with individual bond yields moving in both directions. Its Oct. 29 report also says the Colombo Stock Exchange’s All Share Price Index rose 0.60% to 20,090 and the S&P SL20 rose 0.66% to 5,729.

Written automatically by AI from the outlets’ own reports, and not reviewed by an editor. It can be wrong — the original report is the authority.