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Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand even as the central bank capped the fall, while exporters awaited direction from the supplementary budget later this week, dealers said.Fears of possible depreciation kept exporters away from the market, which resulted in the fall of the currency, leading the central bank to cap the four-day forward at 133.00, which forced dealers to trade one-week forwards, dealers said.One-week forwards closed at 133.45/55 per dollar, weaker from Monday's close of 133.20/40.Four-day forwards closed at 133.00/133.50 per dollar, weaker from Monday's close of 133.00/133.20. They fell 0.45 percent last week, market data showed."No dollars are coming into the market as exporters are waiting, expecting more depreciation in the currency," a dealer said.Another dealer said concerns over the central bank and the market not agreeing on the price of the currency have weighed on sentiment.Dealers said the market is expecting ...


Euro rises against dollar as Fed eyed for rate hike clues LONDON: The euro rose for a second day against the dollar on Tuesday before a meeting of the Federal Reserve that may push back expectations for when U.S. interest rates will start to rise.The single currency rose to $1.1282, up 0.4 percent on the day, moving further away from an 11-year low of $1.1098 hit early on Monday after it became clear that Greece had voted in a new anti-bailout government.Investors are hopeful that the ...

Swiss franc weakens as talk of SNB intervention swirls LONDON: The Swiss franc fell on Tuesday below levels not seen since the country's central bank removed its cap on the currency, with traders speculating that the bank was intervening to weaken the currency.There was talk of an informal cap on the franc's exchange rate against the euro at around parity, with many traders still recovering from a 40 percent surge in the franc on Jan. 15 when the Swiss National Bank suddenly removed the ...

Kenyan shilling firms on tight liquidity, stocks inch up NAIROBI: Kenya's shilling was marginally stronger against the dollar on Tuesday after commercial banks trimmed their dollar exposure amid tight shilling liquidity. Stocks edged higher.At the 1300 GMT close, banks quoted the shilling at 91.60/70 to the dollar, slightly stronger on Monday's close of 91.70/75.Chris Muiga, a trader at National Bank of Kenya, said commercial banks have sought to build longer shilling positions, but added that he expected the shilling would be on the back ...

Sri Lankan rupee down on importer dollar demand; market seeks clarity COLOMBO: Sri Lankan rupee forwards traded weaker on Tuesday on importer dollar demand while the market awaited clarity on the new government's economic policies and exporters remained on the sidelines amid fears of depreciation.Four-day forwards were actively traded and stood at 133.30/133.50 per dollar by 0833 GMT, compared with Monday's close of 133.00/20."The basic problem is the central bank and the market do not agree on the price of the currency," a currency dealer said ...

Euro rises against dollar; eyes are on Fed for rate hike clues LONDON: The euro rose for a second day against the dollar on Tuesday before a meeting of the U.S. Federal Reserve that may push back expectations for when U.S. interest rates will start to rise.The Swiss franc fell after the Swiss National Bank said it was ready to intervene in the market to curb gains by the currency since it lifted its cap on the franc's value. The franc lost 2 percent against the euro ...

Rouble regains some ground after downgrade blow LONDON: Russia's rouble climbed on Tuesday, recovering some of its poise following a 6 percent drop the previous day after ratings agency Standard & Poor's cut the country's rating to junk, though Moscow stocks traded lower.The rouble advanced 1 percent against the dollar but Moscow's dollar-denominated RTS index was 0.7 percent lower with investors fretting about possible new western sanctions.Russia's stock market was closed when S&P announced on Monday it was cutting Russia's rating from ...


 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln