COLOMBO: The Sri Lankan rupee ended a tad weaker due to dollar demand from foreign bond sellers and importers, dealers said.

The spot currency ended at 130.35/45 per dollar compared with Tuesday’s close of 130.32/36.

Both the stock and foreign exchange markets were closed on Wednesday for a religious holiday.

Currency dealers and a bond trader said there was demand for dollars from foreign investors for selling bonds but in thin volumes.

Treasury Secretary P. B. Jayasundera said rupee appreciation is unavoidable in the medium to longer term due to higher export earnings and inflows from services.