Foreign investors sell Sri Lankan Rupee bonds after three-week buying streak
Sri Lanka, Oct. 29 -- Foreign investors sold Sri Lankan rupee-denominated government bonds in the week ended October 23, marking their first net outflow in four weeks amid pressure on the local currency, according to Central Bank data.
Offshore investors sold a net Rs. 2.818 billion (US$8.5 million) worth of rupee bonds during the week. The latest outflow brings net foreign selling over the past six weeks to Rs. 13.8 billion, following net purchases worth Rs. 5.5 billion in the preceding three weeks.
Despite the recent withdrawals, Sri Lanka has recorded net foreign inflows of around Rs. 58.3 billion into local-currency bonds so far this year. This follows an inflow of Rs. 71.5 billion in 2025.
Analysts attributed the latest selling to...
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