Sri Lanka rupee edges higher on sovereign bond launch; stocks fall

Sri Lanka rupee rose
on Monday buoyed by hopes of dollar inflows into two sovereign
bonds launched earlier in the day, while shares fell for the
third straight session to hit a near two-week low on foreign
outflows, market sources said.
** The island nation launched the sale of 5-year and 10-year
sovereign bonds, a senior government official told Reuters,
aiming to tap global capital markets for the second time in
three months.
** The currency ended at 176.45/55 per