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Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_lcap68%Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_rcap 68% [ 178 ]
Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_lcap18%Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_rcap 18% [ 47 ]
Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_lcap13%Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight

Sri Lanka rupee 230 to US dollar, de facto 12-month rate hiked above overnight

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CITIZEN

CITIZEN
Manager - Equity Analytics
Manager - Equity Analytics
MAIN REASON FOR FOREIGN SELLING SHARES

Foreign banks are quoting rates of 222/230 for telegraphic transfers. Large local banks are quoting 222/226 for telegraphic transfers up to 1,000 US dollars.
Sri Lanka raised the overnight money printing rate to 6.0 percent from 5.5 percent on August 19, and has kept lower levels of excess liquidity in money markets from around August 13.

Overnight call money was quoted around 5.90/6.00 percent and gilt backed repos around 5.80/5.90 percent, dealers said. (Colombo/Sept06/2021)

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