Sri Lanka *market update* USD/LKR spot nxt stronger at 146.10/25

USD/LKR spot next strengthen to 146.10/25, from 146.00/20 on Tuesday on expectations that inflows from the USD 1.5 billion bond issue could help the rupee to gain, dealers said. On Friday, the IMF said it had reached a staff-level agreement with Sri Lankan authorities for a USD 1.5 billion, three-year loan to help the island nation avert a balance of payments crisis.The Central Bank, which had been trading the spot rupee at 143.90 has barely seen any trading since January 27. (May 04, 2016 10.00 a.m)