COLOMBO, Jan 1 (Reuters) - Sri Lankan rupee ended weaker on Monday on mild demand for dollars from importers as the market awaits the central bank's broader monetary and financial sector policy announcement for 2013.

The rupee closed at 127.70/75 to the dollar compared with Monday's close of 127.50/60.

The central bank will outline its monetary and financial sector policies for this year and beyond on Wednesday.

'We expect the central bank to come up with some policies that will help appreciate the rupee with a high economic growth trajectory,' a currency dealer said on condition of anonymity.

The central bank predicted an appreciation for the rupee in 2011, but instead saw it lose 10.7 percent after the implementation of a flexible exchange rate regime in February.

The Colombo Stock Exchange's main share index was closed for a special holiday on Tuesday. Normal trading will resume on Wednesday.

It closed at a 10-week high on Monday, but still shed 7.1 percent in 2012.

(Reporting by Shihar Aneez and Ranga Sirilal; editing by Patrick Graham) Keywords: MARKETS SRILANKA/

(shihar.aneez@thomsonreuters.com, twitter.com/shiharaneez)(+94-11-232-5540)(Reuters Messaging: shihar.aneez.thomsonreuters.com@reuters.net)

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