Sri Lanka guidance peg edge up despite dollar shortage
ECONOMYNEXT – Sri Lanka commercial banks offered dollars for telegraphic transfers at rates between 366.72 and 370.00 for small transactions on Wednesday, unchanged from Tuesday, the data showed.
A guidance peg announced by the central bank for interbank transactions strengthened 18 cents to 359.72 against the US dollar on June 29 from the previous day’s 359.90.
Dealers said, the rates in the secondary market went up along with the bill auction on Wednesday.
A bond maturing on 01.06.2025 closed at 23.75/24.15 percent on Wednesday, up from 23.70/80 at Tuesday (27) close.
A bond maturing on 15.01.2028 closed at 24.75/26.00 percent, up from 21.00/60 at Tuesday (27) close.
The three months t-bill closed at 24.75/25.30 percent on Wednesday.
The one-year t-bill closed at 24.75/26.00 percent. (Colombo/June 29/2022)
