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Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday on importer dollar demand even as the central bank capped the fall, while exporters awaited direction from the supplementary budget later this week, dealers said.Fears of possible depreciation kept exporters away from the market, which resulted in the fall of the currency, leading the central bank to cap the four-day forward at 133.00, which forced dealers to trade one-week forwards, dealers said.One-week forwards closed at 133.45/55 per dollar, weaker from Monday's close of 133.20/40.Four-day forwards closed at 133.00/133.50 per dollar, weaker from Monday's close of 133.00/133.20. They fell 0.45 percent last week, market data showed."No dollars are coming into the market as exporters are waiting, expecting more depreciation in the currency," a dealer said.Another dealer said concerns over the central bank and the market not agreeing on the price of the currency have weighed on sentiment.Dealers said the market is expecting ...

Sri Lankan rupee down on importer dollar demand; market seeks clarity COLOMBO: Sri Lankan rupee forwards traded weaker on Tuesday on importer dollar demand while the market awaited clarity on the new government's economic policies and exporters remained on the sidelines amid fears of depreciation.Four-day forwards were actively traded and stood at 133.30/133.50 per dollar by 0833 GMT, compared with Monday's close of 133.00/20."The basic problem is the central bank and the market do not agree on the price of the currency," a currency dealer said ...
Euro mixed after Greek poll plunge TOKYO: The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party's victory in Greek elections, while the ruble dropped after Standard & Poor's cut Russia's debt rating to junk.In Tokyo, the common currency rose to $1.1241, from $1.1234 in New York. The euro had briefly tumbled to $1.1098 -- its lowest level since September 2003 -- in Asia on Monday, owing to fears the poll result ...
Euro ticks up after Greek poll plunge TOKYO: The euro inched higher on Tuesday after plunging in the wake of the leftist Syriza party's victory in Greek elections, while the ruble dropped after Standard & Poor's cut Russia's debt rating to junk.In Tokyo, the common currency bought $1.1251 and 133.31 yen, up from $1.1234 and 133.12 yen in New York.The unit had briefly tumbled to $1.1098 -- its lowest level since September 2003 -- in Asia on Monday, owing to fears the ...
Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling COLOMBO: Sri Lankan rupee forwards ended a tad weaker on Monday due to importer dollar demand, while exporters awaited direction from the monetary policy and a supplementary budget later this week, dealers said.Fears of possible depreciation also kept exporters away from the market, dealers said.The three-day forwards, which were actively traded, ended a tad weaker at 132.99/133.19 per dollar, compared with Friday's close of 132.95/133.05.Four-day forwards closed at 133.00/133.20 per dollar, weaker from Friday's close ...
Euro, stocks slip as Greece set to reject austerity TOKYO: The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.The euro fell to an 11-year low of $1.1098 on the vote outcome before recovering to $1.1186, still down 0.2 percent from last week.The election was the second blow since last week for the euro, ...
Euro hits 11-year low as Greek leftists sweep to power TOKYO: The euro hit an 11-year low versus the US dollar on Monday as Greece's anti-austerity Syriza party swept to victory in a snap election, putting Athens on a collision course with international lenders.The single currency dropped to $1.1098, a level not seen since September 2003, before steadying around $1.1180, as official projections showed Syriza was set to win 149 seats in the 300-seat parliament.While Syriza leader Alexis Tsipras fell just short of an overall ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln