There was no spot closing quote for Sri Lanka’s rupee on Monday after intraday dollar trades at Rs. 326.50 (low) and Rs. 327.50 (high), dealers told EconomyNext, while government bond yields closed up across the curve. The Colombo Stock Exchange’s All Share Price Index extended its losses into the close, ending the session down 2.59 percent, or 592.28 points, at 22,313.47, while the more concentrated S&P SL20 index slid 1.95 percent, or 122.26 points, to 6,161.98 — a sharper finish than the morning quote, which had the ASPI at 22,542 on a milder 1.59 percent dip. Market turnover was Rs. 4.89 billion, with capital goods leading at Rs. 1.54 billion. John Keells Holdings, Hayleys, Commercial Bank of Ceylon and Colombo Dockyard were the heaviest drags on the benchmark.

The telegraphic transfer rate for the dollar settled at Rs. 327.50 buying and Rs. 334.50 selling, weaker than the morning quote of Rs. 326.50/333.50 published earlier in the day. Retail cash-counter selling rates touched Rs. 334 across most commercial banks on Monday, a fresh post-cyclone low.

Bond yields rose across maturities at the close. A security maturing on 15 December 2027 closed at 9.10/9.30 percent, up from 9.00 percent. The 15 March 2028 was at 9.65/75 percent (from 9.60/70), the 15 December 2028 at 9.80/90 percent (from 9.75/85), the 15 December 2029 at 10.00/10.10 percent (from 9.95/10.05), the 1 August 2030 at 10.20/30 percent (from 10.12/20), and the 15 December 2032 at 10.80/90 percent (from 10.70/80). Longer-dated paper traced the move: the 1 November 2033 closed at 11.10/20 percent (from 10.95/11.05) and the 15 June 2034 at 11.25/35 percent (from 11.17/20).

The session lands at the start of a week dominated by fresh fiscal and external pressure points — including the new Rs. 57 billion fuel-price subsidy, the first formal CBSL acknowledgment of a current account deficit, and the rolling Brent above $110 import bill. CBSL Governor Nandalal Weerasinghe later told reporters the 4.8 percent year-to-date rupee slide is a global oil shock, not a domestic crisis.

Sources: EconomyNext (stocks close), EconomyNext (rupee/bonds close), EconomyNext (morning).