COLOMBO Jan 6 The Sri Lankan rupee ended steady
on Monday in dull trade, but dealers expect the currency to gain
due to inflows from a new dollar bond.
The spot rupee ended unchanged at 130.70/75 per
Sri Lanka on Monday issued a price guidance at 6.25 percent
area for an offering of new five-year 144A/Reg S US
"The inflows will help boost the rupee," a currency dealer
said on condition of anonymity.
Revealing its financial and monetary policies for 2014, the
central bank said on Thursday it expected the rupee to
strengthen in the medium term and its direct intervention in
foreign exchange market would be minimum.
The local currency has gained about 3.4 percent since it hit
a record low of 135.20 on Aug. 28. It lost 2.5 percent in 2013.
(Reporting by Ranga Sirilal and Shihar Aneez; Editing by