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Sri Lanka rupee weakens on importer dollar demand COLOMBO: The Sri Lankan rupee ended weaker on Friday as importer dollar demand outpaced exporter greenback sales, while dollar sales by state banks prevented a sharp fall, dealers said. The dealers expect the local currency to remain steady for the rest of the year after positive comments by the central bank chief last week. Central bank Governor Ajith Nivard Cabraal said the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable. The rupee ended at 130.22/25 per dollar, compared with Thursday's close of 130.18/24. Dealers said one of the two state banks through which the central bank usually intervenes to stem major declines in the currency, was selling dollars to prevent a sharp fall. "There was importer demand but a state bank sold dollars to selective trades at 130.20," a currency dealer said."In the long term we see the rupee to be stable." Foreign ...

Rouble hits record low against dollar on new sanctions fears MOSCOW: The Russian rouble touched a record low against the dollar on Friday as Russian markets extended losses from Thursday amid fears that an escalating conflict with Ukraine would provoke further Western sanctions. The rouble dropped to 37.03 against the dollar before recovering slightly to trade at 36.99 at 1200 GMT, leaving it still down 0.7 percent on the day. The Russian currency was down 0.8 percent at 48.80 versus the euro and 0.7 percent ...

C$ firms for 4th day after strong GDP data TORONTO: The Canadian dollar firmed against the greenback on Friday, making a fourth day of gains in a row after data showed the domestic economy grew at a faster pace than expected in the second quarter.The loonie is up about 1 percent for the week, partly fueled by a sharp gain on Wednesday and putting it on track for its best week since late March.A number of factors have driven the loonie higher, including fund ...

Ruble falls to record low against the dollar MOSCOW: The ruble slumped to a record low against the US dollar on Friday as investors worried that the West may tighten sanctions against Russia over its role in Ukraine.The ruble slid to 37.0260 to the dollar, breaking its previous record low set in March when Russia annexed Crimea from Ukraine.By 0800 GMT the ruble had recovered slightly to 36.91 to the dollar, still weaker than the 36.75 it closed at on Thursday.The ruble also ...

Dollar claws back losses in Asia TOKYO: The dollar edged up in Asian afternoon trade Friday recovering from losses in the morning that were fanned by fears of a possible Russia-Ukraine military conflict and offset upbeat US economic growth data.The greenback rose to 103.82 yen, up from 103.70 yen earlier in the day and 103.75 yen in New York late Thursday.The euro was at 136.74 yen from 136.75 yen, while it bought $1.3171 from $1.3181.The dollar's gains against the yen were ...

Yen edges higher in Asia on Ukraine tensions TOKYO: The yen edged up in Asia Friday as growing fears of a possible Russia-Ukraine military conflict offset upbeat US economic growth data.In Tokyo midday trade, the greenback slipped to 103.70 yen from 103.75 yen in New York late Thursday.The euro dipped to 136.71 yen from 136.75 yen and to $1.3180 from $1.3181.Investors shifted into the yen seen as a safe-haven currency during times of turmoil and uncertainty following reports that more than 1,000 Russian ...

C$ loses momentum after US GDP data TORONTO: The Canadian dollar was little changed on Thursday, giving up much of its earlier gains after second-quarter growth south of the border was revised higher, and as investors looked ahead to key domestic economic data at the end of the week.Still, the loonie is up about 0.8 percent for the week so far, fueled by a sharp rise in Wednesday's session and putting it on track for its best week since late June.Analysts said ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln