KM Financial Solutions | Sri Lankan rupee strengthens for second day; stocks rise
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Sri Lankan rupee strengthens for second day; stocks rise

Sri Lankan rupee strengthens for second day; stocks rise

** Sri Lanka’s rupee closed
stronger for a second day on Tuesday, after foreign outflows
from government securities showed a declining trend, while
stocks too ended higher.
** The rupee ended 0.1% firmer at 180.30/50 per dollar.
It closed at 180.40/60 on Monday. The currency is up 1.3% this
year.
** Foreign investors sold government securities worth 500
million rupees in the week ended Sept. 4, data showed, extending
the year to date net foreign outflow to 53.7 billi

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