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Sri Lanka rupee forwards steady despite importer dollar demand; budget awaited COLOMBO: Sri Lankan rupee forwards traded steady on Thursday despite dollar demand from importers as the central bank's intervention via moral suasion prevented a sharp fall in the local currency, dealers said.Exporters were reluctant to sell dollars ahead of the budget announcement for 2015 on Friday, dealers said.The spot currency was quoted at 130.75/95 per dollar but not traded, dealers said. It closed at 130.60/80 on Friday.The three-day forwards, or spot-next, actively traded in the absence of spot, were at 130.85/131.00 per dollar at 0641 GMT, little changed from Tuesday's close of 130.90/131.00. Both currency and stock markets were closed for a holiday on Wednesday."The pressure is there from the importers, but exporters are reluctant to sell ahead of the of the budget," a currency dealer said on condition of anonymity.Dealers said the central bank persuaded banks not to trade the spot-next below 130.90 after capping it at 130.85 in ...


Dollar firms in Asia after US inflation rise TOKYO: The dollar firmed in Asia on Thursday after an unexpected rise in US inflation, while the euro struggled to recover as speculation swirls about further European Central Bank easing measures.In Tokyo morning trade, the dollar strengthened to 107.31 yen from 107.14 yen in New York late Wednesday.The euro was mixed at $1.2636 and 135.61 yen, against $1.2643 and 135.46 yen.The Labor Department said Wednesday that US consumer prices rose 0.1 percent in September, beating ...

Euro rebounds in Asia after drop on ECB easing plan reports TOKYO: The euro rebounded modestly in Asia on Wednesday after it dropped in New York on reports that the European Central Bank could expand its bond-buying programme.In Tokyo afternoon trade, the common currency fetched $1.2723 and 136.15 yen against $1.2714 and 136.04 yen in US trading on Tuesday. The single currency had been at $1.2800 and 136.86 yen the previous day.The dollar edged up to 107.02 yen from 106.99 yen, after fresh data Tuesday showed ...

Euro flat in Asia after drop on ECB easing plan reports TOKYO: The euro held steady in Asia on Wednesday after it dropped in New York on reports that the European Central Bank could expand its bond-buying programme.In Tokyo morning trade, the common currency fetched $1.2720 and 136.01 yen against $1.2714 and 136.04 yen in New York late Tuesday. The single currency had been at $1.2800 and 136.86 yen the previous day.The dollar was little changed at 106.90 yen against 106.99 yen, despite fresh data that ...

Kenyan shilling firms as foreign investors get ready for bond auction  NAIROBI: The Kenyan shilling strengthened against the dollar on Tuesday and traders said investors were buying local currency ready for the auction of a government infrastructure bond on Wednesday.At 0815 GMT, commercial banks posted the shilling at 88.90/89.00, stronger than Friday's close of 89.10/89.20. Monday was a public holiday and markets were closed."There's an expectation that we could see some decent flows coming for the infrastructure bond that's being auctioned," said Duncan Kinuthia, head of ...

Rouble pressure eases as tax period prompts buying MOSCOW: Pressure on the rouble eased slightly on Tuesday as Russian firms sold foreign currency to pay taxes falling due in roubles, but stock market sentiment was soured by the death of French oil major Total's chief executive in a plane crash in Moscow.At 0915 GMT the Russian currency was 0.17 percent stronger against the dollar at 40.96 and gained 0.17 percent to trade at 52.50 versus the euro.That left the currency 0.17 percent stronger ...

Sterling steady as traders wait for BoE minutes, data LONDON: Sterling stayed steady on Tuesday as traders looked beyond worse-than-expected public borrowing numbers to Bank of England minutes, due during the following session, keeping their focus on when interest rates might rise.Trading volumes were well below the past month's average.Third-quarter gross domestic product numbers on Friday could provide some support for the currency, traders said, as doubts grow about the solidity of Britain's economic recovery in the face of a worsening outlook in Europe.Last ...


 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln