Sri Lanka guidance peg strengthen 95 cents in severe forex shortages | Sinhala News

Sri lanka News – A ‘guidance rate’ at which interbank transactions are pegged was announced 95 cents higher by the central bank at 360.90 cents on Wednesday despite the severe forex shortages and long queues for fuel.

Commercial Banks announced rate for 367-370 for telegraphic transfers, at which rate there are severe shortages for oil, cooking gas and complaints from other importers.

The daily ‘guidance rate’ for interbank spot transactions was 360.90 to the US dollar +1.00, or – 4.0 rupees.

In the secondary market, only one maturity was active amid dull trade, dealers said.

The bond maturing on 01.06.2025 closed at 21.05/21.35 up from 20.30/21.10 percent. (Colombo/June22/2022)

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