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Sri Lanka rupee forwards end tad weaker on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended slightly weaker on Friday on importer dollar demand while the spot rupee was not traded except for swap deals after the central bank through moral suasion prevented banks from trading the spot currency in the past week, dealers said. The central bank held the key policy rates steady as expected before the market opened on Friday, a day after its head said a reversal of the falling trend in t-bill yield was a signal of where the authorities want rates to be. Three-day forwards, which were actively traded in the absence of spot, ended at 130.80/85 per dollar compared with Thursday's close of 130.75/80.The spot currency was not traded other than the swap trades. It ended at 130.60/80 with compared with Thursday's close of 130.70/75. "There was importer dollar demand," said a currency dealer asking not to be named. Dealers said the market was ...

Yen retreats as risk appetite returns, eyes on Yellen LONDON: The yen edged down on Friday as comments from a Federal Reserve policymaker helped revive some appetite for risk, with investors focused on a speech later by Fed chief Janet Yellen. European stocks, oil and peripheral euro zone bonds, rebounded after being hammered this week, while the safe-haven Japanese currency lost ground.The riskier Australian dollar gained 0.5 percent to trade at 93.58 yen. Having hit an 11-month high against the euro on the previous ...

C$ firms as markets steady, oil prices rise TORONTO: The Canadian dollar firmed modestly against the greenback on Friday, taking its cue from calmer global markets and a rise in oil prices at the end of a volatile week.The loonie gave a muted reaction to data that showed Canada's inflation rate came in at the Bank of Canada's target of 2 percent in September, reinforcing analysts' expectations that the central bank will maintain its neutral stance in its policy statement next week.The Canadian ...

Dollar edges higher on strong US consumer sentiment data NEW YORK: The US dollar edged higher against a basket of major currencies on Friday after strong data on US consumer sentiment calmed nerves after a week of severe market volatility.The Thomson Reuters/University of Michigan preliminary October reading on the overall index on consumer sentiment came in at 86.4, the highest since July 2007 and marking an unexpected gain. "Obviously, some of the momentum in the economy is continuing, despite what Wall Street tells you," ...

Turkish lira at 3-week high amid improved emerging market sentiment ISTANBUL: Turkey's lira hit a three-week high on Friday despite tensions still running high on its southern border with Syria, as emerging markets rebounded on comments suggesting US policymakers favour delaying an interest rate hike. The lira firmed to 2.2470 against the dollar by 1440 GMT from 2.2670 late on Thursday. It was its firmest level since Sept. 25. The main share index closed up 1.28 percent to 75,533, outperforming the broader emerging markets index ...

Kenya shilling weakens ahead of long weekend, stocks edge lower NAIROBI: The Kenyan shilling weakened against the dollar on Friday as traders bought US currency to square positions before a long weekend, while stocks edged lower.The shilling closed at 89.10/89.20 on Friday, weaker than Thursday's close at 88.90/89.00.A senior trader at a Nairobi-based commercial bank said that after several days of volatile market conditions investors were squaring positions as the markets will be shut on Monday for a national holiday."If you look at the offshore ...

Yen ticks up in Asia on global economy jitters TOKYO: The yen edged higher in Asia on Friday, wiping out early losses, as ongoing worries about the global economy offset a positive batch of data out of the United States.In Tokyo afternoon trading, the dollar slipped to 106.17 yen from 106.33 yen in New York while the euro eased to 135.88 yen from 136.19 yen.The single currency also eased to $1.2798 from $1.2809.After equity markets were hammered this week by growing fears over the ...


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