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Sri Lankan rupee forwards end steady; seen stable until end 2014 COLOMBO: Sri Lankan rupee forwards ended steady for a sixth straight session amid dull trade on Monday, as the central bank capped trading at 132.00 per dollar through moral suasion.The four-day forwards, which were actively traded, closed at 131.99/132.05 per dollar.The three-day forwards, or spot-next, started to trade on Monday around 131.99 per dollar level.The spot currency was not traded after the central bank capped the currency at predetermined levels to prevent volatility, traders said.Central bank Governor Ajith Nivard Cabraal said on Thursday that the rupee would be stable during this month.Overseas investors sold a net 367 million rupees worth of government securities during the week that ended December 17. Copyright Reuters, 2014 ...

Indian rupee gains, bonds flat; foreign investors stay on sidelines MUMBAI: The Indian rupee gained marginally while bonds were steady on Monday as investors stayed on the sidelines in a holiday-shortened Christmas week likely to see diminishing foreign fund flows.Foreign funds are usually light on their investments towards the year-end and prefer to start investing fresh funds only at the beginning of the new year, leading to lower volumes in most markets globally.Both debt and foreign exchange markets saw significantly low volumes in India but ...
Asian currencies mixed; Korean won biggest gainer SINGAPORE: Asian currencies were mixed versus the dollar on Monday, with the South Korean won proving the strongest gainer due to year-end position squaring and dollar-selling by local exporters.The Philippine peso edged higher, helped by strong year-end remittances from overseas Filipino workers.The Malaysian ringgit was an underperformer, pressured by dollar-buying by interbank speculators and local market participants.Market sentiment toward emerging market currencies soured in the early part of last week after sliding oil prices triggered ...
Asian FX mixed, support emerges on improved risk sentiment SINGAPORE: Asian currencies were broadly mixed versus the dollar on Monday, although underlying improvement in risk sentiment supported some units, with the South Korean won climbing on year-end position squaring.The Philippine peso edged higher, helped by strong year-end remittance inflows from overseas Filipino workers.The Malaysian ringgit was an underperformer, pressured by dollar-buying by interbank speculators and local market participants.Market sentiment toward emerging market currencies had soured in the early part of last week after sliding ...
Dollar holds up in Asia on US rate expectations TOKYO: The dollar held steady in Asian trade on Monday, underpinned by expectations the US Federal Reserve will raise interest rates before other central banks.The greenback was at 119.51 yen in Tokyo, up from 119.43 yen in New York on Friday.The euro bought $1.2240 and 146.30 yen, against $1.2227 and 146.06 yen in US trade."US dollar strength remains a key theme, with broad gains against most currencies," National Australia Bank said in a note.Wrapping up ...
Euro shaky on ECB and Greece, dollar keeps edge SYDNEY/TOKYO: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a multi-month trend of weakness against the dollar that many traders say will remain intact in the new year. Speculation is high that the European Central Bank (ECB) will be forced to expand its asset-buying program to include sovereign debt in early 2015, at a time when the Federal Reserve is preparing to do the opposite ...
Dollar holds up in Asia on US rate expectations TOKYO: The dollar held steady in slow Asian trade on Monday, underpinned by expectations that US Federal Reserve will raise interest rates before other central banks.The greenback was at 119.39 yen in Tokyo, compared with 119.43 yen in New York on Friday.The euro bought $1.2244 and 146.22 yen against $1.2227 and 146.06 yen in US trade."US dollar strength remains a key theme, with broad gains against most currencies," National Australia Bank said in a note.Wrapping ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln