Sri Lankan rupee forwards ended steady on Friday as pressure on them eased amid hopes the local currency would gain after the island nation sold a 10-year, $650 million sovereign bond at a yield of 6.125 percent. Actively traded three-month forwards ended steady at 137.80/90 per dollar, little changed from Thursday's close of 137.75/85. It gained on Thursday for the first time in nearly two weeks. Currency dealers said the three-month forwards traded within a wide margin of between 137.50 and 137.90.
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