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Dollar rally hits roadblock in Asian trading TOKYO: The dollar fell against the yen, euro and a string of emerging Asian currencies Tuesday as investors turned cautious and markets increasingly price in a long-awaited US interest rate hike, analysts said.Traders have been bidding up the dollar in anticipation of the rate rise -- a plus for the greenback -- with the Federal Reserve widely expected to move later this month.The greenback has been sitting at seven-month highs against the euro, which has been sold on expectations that the European Central Bank will announce more stimulus measures at its Thursday meeting."It's difficult to buy up the dollar unless there is an indication for successive increases which are more than what markets are expecting" Yasunori Takano, chief strategist, at FX Prime by Gmo Corp., told Bloomberg News."Markets have nearly priced in a December rate increase, so chances are there won't be much more fresh buying incentives. That could spark ...

Sri Lankan rupee ends weaker as importer demand surpasses inward remittances COLOMBO: The Sri Lankan rupee ended weaker on Monday in light trade, hovering near a record low hit in the previous session, as importer dollar demand surpassed inward remittances, dealers said. Exporters were reluctant to sell dollars on expectation of a further fall in the local currency, they added. The rupee ended at 143.20/35 per dollar compared with Friday's close of 143.15/25. On Friday, the rupee fell as much as 0.31 percent to an all-time ...
Euro weak ahead of European Central Bank meeting TOKYO: The euro on Friday hovered around seven-month lows on the dollar and was also weak against Asian currencies on speculation that the European Central Bank will unleash fresh stimulus measures next week.Further action by the ECB to boost the 19-nation eurozone economy was likely to heap pressure on Asian policymakers to loosen their own monetary policy in a bid to push down their units to stay competitive, analysts said.The euro Friday declined against a ...
Asia FX weaken; yuan set for longest weekly losing streak in 5 months SINGAPORE: Most emerging Asian currencies eased on Friday and were set to suffer weekly losses on broad strength in the dollar, with US interest rates expected to rise for the first time in around a decade later at time when the European Central Bank is expected to add extra stimulus.The Chinese yuan was poised to post its longest weekly losing streak in five months as the central bank set its daily guidance rate at a ...
Sri Lankan rupee falls to record low on importer dollar demand COLOMBO: The Sri Lankan rupee fell to a record low of 143.15 per dollar on Thursday, posting its fourth straight session of declines on importer demand for the greenback amid lower dollar liquidity.Exporters were also reluctant to sell dollars on expectations the local currency could fall further, dealers said.The rupee fell 0.17 percent to a record low of 143.15 per dollar, surpassing the previous all-time trough of 143.00 hit on Tuesday.The rupee ended at 143.15/25 ...
Euro weakens on ECB stimulus speculation TOKYO: The euro lost ground in Asian trading Thursday on growing expectations that the European Central Bank will announce a boost to its monetary stimulus measures at a meeting next week.Bets that the ECB will go further to boost the 19-nation eurozone economy have pushed down the currency, and rekindled speculation that it may hit parity with the dollar for the first time since 2002.Reports have suggested that the ECB may boost its debt purchases ...
Safe-haven currencies get boost after Turkey jet strike TOKYO: The yen and euro got a boost Wednesday as the Turkish downing of a Russian fighter jet sent investors into safer assets on fears about the broader implications of the incident.Global financial markets were rattled by the shooting on the Syrian border, with European bourses tumbling and oil prices surging on supply fears."While the dispute between Turkey and Russia is unlikely to escalate into a 'hot' conflict, it does underline the unresolved tensions over ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 30, 2015
Reserves $19.828 bln