Sri Lanka stocks fall; rupee ends steady as bond sale attracts dollars
Sri Lanka shares fell for the
fourth straight session on Tuesday to hit a two-week low on
foreign outflows, while rupee ended steady buoyed by
dollar inflows into two new sovereign bonds launched a day ago,
market sources said.
** The island nation raised $2 billion via 5-year and 10-year
sovereign bond sales launched on Monday, its central bank said
on Tuesday, tapping global capital markets for the second time
in three months.
** The currency touched a high of 176.
fourth straight session on Tuesday to hit a two-week low on
foreign outflows, while rupee ended steady buoyed by
dollar inflows into two new sovereign bonds launched a day ago,
market sources said.
** The island nation raised $2 billion via 5-year and 10-year
sovereign bond sales launched on Monday, its central bank said
on Tuesday, tapping global capital markets for the second time
in three months.
** The currency touched a high of 176.
Posted by Reuters