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Sri Lankan rupee tad weaker on foreign bond sales, imports COLOMBO: The Sri Lankan rupee traded weaker on Thursday due to dollar demand from foreign bond sellers and importers, dealers said.The spot currency traded at 130.40/45 per dollar at 0643 GMT down compared with Tuesday's close of 130.32/36. Both the stock and foreign exchange markets were closed on Wednesday for a Buddhist religious holiday. "Rupee is weaker on bond sales. There were some bond sales," said a currency dealer asking not to be named. A bond dealer said there were some bond sales but at low volumes. "There were sales between 200 million and 300 million rupees and not in billions," he said. Treasury Secretary P.B. Jayasundera said on Thursday appreciation of rupee is unavoidable due to higher export earnings and inflows from services. The central bank in the last week of September limited the spot currency range to between 130.40 and 130.50, to prevent any sharp fall amid heavy ...

Aussie climbs, brushing off weak Australian jobs reading WELLINGTON: The Australian dollar edged up on Thursday, boosted by broad selling in the US dollar and as investors ultimately shrugged off a weak reading of Australia's labour market after major revisions to the series cast doubt on the data's reliability. The Aussie rose 0.2 percent to $0.8857, bouncing back from an initial slide to $0.8791 after official figures showed the Australian economy lost a net 29,700 jobs in September, wrongfooting expectations for a 20,000 ...

China's yuan rises for 2nd day on stronger midpoint HONG KONG: China's yuan rose for a second consecutive day against the dollar on Thursday, after the central bank set the official guidance rate stronger, signaling its comfort with a stronger currency for now.The People's Bank of China set the midpoint rate at 6.1461 per dollar prior to market open, slightly stronger from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at ...

Dollar hits fresh 2-week low in wake of dovish Fed minutes SYDNEY/SINGAPORE: The dollar hit a two-week low versus a basket of currencies on Thursday, after minutes from the US Federal Reserve's last meeting prompted markets to push out expectations for the likely timing of an interest rate rise. The dollar index fell 0.1 percent to 85.174. It slipped to 85.143 at one point, its lowest level since late September, pulling away from a four-year peak of 86.746 hit on Friday. Against the yen, the dollar ...

Dollar pressured in Asia after Fed minutes TOKYO: The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's September meeting that dampened expectations for an early interest rate hike.The greenback bought 107.96 yen in Tokyo midday trade, compared with 108.14 yen in New York, and well down from above the 110 yen level last week.The euro was at $1.2733 against $1.2734 in New York and much stronger than the $1.2667 level it was at before the ...

Ugandan shilling weakens as energy, manufacturing sectors buy dollars KAMPALA: The Ugandan shilling weakened on Wednesday due to dollar demand by manufacturing and energy firms, but expected inflows from offshore investors could help it regain some lost ground.At 0918 GMT commercial banks quoted the shilling at 2,655/2,665, weaker than Tuesday's close of 2,645/2,655."Energy and manufacturing firms are coming in with strong appetite which is pushing the shilling (weaker)," said Ahmed Kalule, trader at Bank of Africa.Hard currency inflows from offshore to buy government debt ...

Indian rupee gains for third session on debt-related dollar inflows MUMBAI: The Indian rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buying of domestic debt while the International Monetary Fund's upward revision in the country's growth outlook also aided sentiment.The IMF raised India's growth forecast for the fiscal year to March 2015 to 5.6 percent from 5.4 percent, while trimming its global growth forecast.Most emerging Asian currencies, however, fell on Wednesday with Indonesia's rupiah at its ...


Index Closing Chg%
Arrow DJIA 16,380.41 1.63
Arrow Nasdaq 4,258.44 0.97
Arrow S&P 1,886.76 1.29
Arrow FTSE 6,310.29 1.85
Arrow DAX 8,850.27 3.12
Arrow CAC-40 4,033.18 2.92
Arrow Nikkei 14,532.51 1.40
Arrow H.Seng 23,023.21 0.53
Arrow Sensex 26,108.53 0.42

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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 10, 2014
Reserves $13.401 bln