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3bn (US$12mn) so far in 2019. These outflows come on the back of 2018's USbn net foreign selling from Sri Lanka's capital markets.
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Only US0mn of foreign holdings remain in Sri Lanka's bond markets.
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Outflows from Sri Lanka's capital markets have been cited by the Governor of the Central Bank of Sri Lanka as one of the chief causes for the country's depreciating currency which sits close to an all time low at Rs182 to the dollar.
Net foreign holdings of #LKR bonds declined by 55% from year earlier. On the other hand domestic bond yields have fallen significantly (down by 0.40%) from end of 2018. pic.twitter.com/lor9EmYhY6
— Sanjeewa Dayarathne (@DayarathneSa) January 18, 2019