Sri Lankan rupee edges up

The Sri Lankan rupee ended slightly higher on Thursday as exporters sold the dollar and a statement from the International Monetary Fund (IMF) that it may review the country's request to complete a second loan review boosted the sentiment. Rupee forwards were active, with two-week forwards ended tad firmer at 153.25/35 per dollar, from Wednesday's close of 153.30/25.
Foreign investors also net bought government securities worth 908.9 million rupees ($5.98 million) in the week ended April 26, extending the net inflow to 7.2 billion rupees in four consecutive weeks. But they have net sold 57 billion rupees worth of government bonds so far this year.