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Sri Lanka rupee ends steady on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133.80 amid dollar demand from importers and inward remittances ahead of the Muslim festival of Eid, dealers said. The spot currency closed unchanged for a third straight session on Thursday, after it fell for the first time in seven sessions on Monday following the state-owned bank's decision to raise the dollar-selling rate by 0.15 percent, to 133.80 from 133.60. "There was importer demand despite the inward remittances for Ramzan (the Muslim holy fasting month) festival. But it ended steady as the state bank sold dollars," a currency dealer said. The rupee has been under pressure due to more than 80 billion rupees ($598 million) worth government securities maturing this week, dealer said. The central bank has however kept the currency from falling further through sale of treasury bonds, development ...

Euro slips to six-week low after Greece approves bailout plan LONDON: There was no silver lining for the euro on Thursday after Greece voted through austerity demanded in return for another bailout, as improved interest rate differentials drove the dollar higher across the board.The New Zealand dollar sank to a six-year low after weak inflation data cemented expectations for a cut in its official rates next week, while the Canadian dollar remained on the defensive after a cut there on Wednesday.The euro did inch up ...

Dollar rally keeps pressure on South Africa's rand JOHANNESBURG: South Africa's rand extended losses against the dollar on Thursday, having fallen as much as one percent in the previous session after U.S. Federal Reserve chair Janet Yellen said a rate rise in 2015 remained likely.By 0600 GMT the rand, along with other emerging market currencies, had weakened 0.2 percent to 12.4440 per dollar , after a close of 12.4190 in New York. The dollar index was up 0.2 percent in early trade.Risk sentiment ...

South Africa's rand slips as US says Fed puts 2015 rate hike back on JOHANNESBURG: South Africa's rand suffered on Wednesday, falling one percent at one stage, as the dollar climbed boosted by signals from the U.S. central bank that a rate hike there would happen by the end of the year.At 1500 GMT the rand slipped 0.76 percent to 12.4150 per dollar, erasing gains that had carried the unit to an overnight close of 12.3255, a 1 1/2 week high.The index measuring the greenback against major currencies rose ...

Yen dips after Bank of Japan cuts growth, inflation forecasts TOKYO: The yen edged lower Wednesday as Japan's central bank cut its annual growth and inflation forecasts for the world's third-largest economy, boosting the odds of more monetary easing measures this year.In Tokyo trading, the dollar ticked up to 123.44 yen from 123.38 yen in New York where it had weakened following disappointing US retail sales data.The euro rose to 135.86 yen from 135.82 yen in US trade, while it edged down to $1.1003 from ...

Sterling unmoved as UK inflation slips back to zero; wage data eyed LONDON: Sterling fell against the euro but inched up against the dollar on Tuesday, as investors bet a fall-back of British inflation to zero would be temporary, with prices still suffering from a slump in oil prices last year. Figures released on Tuesday showed that consumer price rises fell to zero percent in June after nudging into positive territory in May, as food and summer clothing prices fell. An underlying measure of inflation, which strips ...

Russian rouble slips after Iran nuclear deal reached MOSCOW: The Russian rouble tracked oil prices lower on Tuesday after Iran and six major powers reached a deal over the Islamic republic's disputed nuclear programme. Forex sales by exporters checked the rouble's losses, however, and the central bank said the market had already priced in a deal over Iran. At 0945 GMT, the rouble was 0.8 percent weaker against the dollar at 56.97 and had lost 1 percent to trade at 62.82 versus the ...


Index Closing Chg%
Arrow DJIA 17,751.39 0.69
Arrow Nasdaq 5,111.73 0.44
Arrow S&P 2,108.57 0.73
Arrow FTSE 6,631.00 1.16
Arrow DAX 11,211.85 0.34
Arrow CAC-40 5,017.44 0.81
Arrow Nikkei 20,302.91 0.13
Arrow H.Seng 24,619.45 0.47
Arrow Sensex 27,563.43 0.38

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln