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Sri Lanka rupee steady; seen flat COLOMBO: The Sri Lankan rupee traded steady against the dollar on Tuesday as inward remittances and sales of the greenback by exporters offset demand from importers, dealers said. The dealers expect the local currency to remain steady for the rest of the year after central bank Governor Ajith Nivard Cabraal said recently the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable. The rupee was trading at 130.20/21 per dollar at 0511 GMT unchanged from Monday's close. "The rupee is trading steady as there is not much of imports and there are normal inward remittances and the exporter dollar sales," said a currency dealer. Foreign investors bought a net 250 million rupees ($1.9 million) worth of government securities in the week ended Aug. 27, official data showed. Sri Lanka's main stock index was down 0.15 percent, or 10.61 points, at 7,020.28 at 0514 GMT, ...

Dollar tests 2014 high vs yen, euro stays under pressure TOKYO/SYDNEY: The dollar took advantage of thin conditions to overcome an options barrier and ascend to its highest level since January against the yen on Tuesday, while the languishing euro plumbed one-year lows against the greenback on expectations of easier euro zone policy ahead. The moves followed a mostly aimless session overnight with market activity subdued due to the Labor Day holiday in the United States. "Today was very kind to people who are bullish ...
Dollar, euro surge against yen in Asian trading TOKYO: The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepare to meet, under pressure to launch more economic stimulus as the economy falters.In midday Tokyo trade, the dollar jumped to 104.82 yen, its highest level since January, and up from 104.27 yen in Europe, while the euro surged to 137.47 yen against 136.94 yen. US markets were closed Monday for the Labor Day weekend.The greenback also ...
China's yuan marginally lower, following central bank guidance SHANGHAI: China's yuan weakened marginally against the dollar on Tuesday after the central bank set its guidance rate slightly lower.The People's Bank of China set the midpoint at 6.1684 per dollar before the market opened, down 0.01 percent from the previous fix. The spot rate is allowed to trade 2 percent above or below the midpoint.The spot market opened at 6.1441 per dollar and the yuan was changing hands at 6.1455 by midday, down 0.04 ...
Dollar rises above 104.49 yen to hit 7 month high TOKYO: The dollar hit a seven-month peak against the yen on Tuesday, helped by expectations for further gains for the currency on diverging monetary policy paths. The dollar rose to as high as 104.64, highest since late-January, with gains by Tokyo shares denting the safe-haven appeal of the yen. The greenback has recently appreciated against its peers such as the euro, which has hit one-year lows versus its US counterpart on expectations for further easing ...
Indian rupee weakens marginally; ECB meet in focus MUMBAI: The Indian rupee weakened marginally on Monday in the absence of any fresh domestic triggers, with traders waiting for the outcome of the European Central Bank's policy meeting this week for near-term direction.Traders said volumes in the currency market were low on account of the U.S. Labour Day holiday and following a long-weekend back at home.The euro hit a fresh one-year low, as heightened worries about the crisis in Ukraine kept the currency on ...
Sri Lanka rupee gains marginally on remittances COLOMBO: The Sri Lankan rupee ended a tad firmer against the dollar on Monday as inward remittances and sales of the greenback by exporters outpaced demand by importers, dealers said.Dealers expect the local currency to remain steady for the rest of the year after central bank Governor Ajith Nivard Cabraal said recently the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable.The rupee ended at 130.20/21 per dollar, firmer ...

 



 
Index Closing Chg%
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln