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Sri Lanka rupee steady in dull trade; bourse up COLOMBO: The Sri Lankan rupee traded steady on Monday in light business as importer demand for dollars absorbed exporter dollar inflows, but dealers expect the currency to face upward pressure due to steady inflows amid slack demand for imports and credit. The rupee traded steady at 130.40/45 per dollar at 0634 GMT. Central bank Governor Ajith Nivard Cabraal told Reuters on Friday the currency was performing as the bank expected, and there was no pressure to appreciate or depreciate. Dealers say the central bank had been preventing the rupee's appreciation over the last few weeks with steady inflows amid lower demand for private sector credit and imports.While maintaining the policy rate for the fourth straight month on Tuesday, Sri Lanka's central bank said it expected to introduce a new guarantee scheme for gold loans to boost credit growth that fell to a four-year low in March. Despite a multi-year low ...

Euro down in Asia on weak German business confidence TOKYO: The euro extended its losses against the dollar in Asia on Monday after hitting a three-month low last week in response to a soft reading in a German business confidence index.In afternoon Tokyo trading, the euro fetched $1.3618 and 138.80 yen, down from $1.3632 and 138.91 in New York on Friday.The dollar was flat at 101.93 yen from 101.92 in New York Friday but well up from the 101.72 yen seen also on Friday ...
Yuan consolidates after weakest midpoint in eight months HONG KONG: China's yuan slipped on Monday after its central bank fixed the daily trading midpoint against the dollar at its weakest level since September in a sign that it would continue to keep a strict vigil on any speculative capital inflows.While capital inflows in search of carry and an appreciating currency have slowed in recent weeks thanks to the People's Bank of China's policy to actively weaken its currency and widen its trading band, ...
Indian rupee hits 11-month high before RBI steps in MUMBAI: The Indian rupee retreated from an 11-month high to fall on Friday as the central bank stepped in to temper gains being sparked by continued expectations of robust foreign inflows and a rally in domestic shares.The currency still rose 0.4 percent for the week, posting its fourth straight weekly gain and its longest winning streak in 16 months on hopes the Bharatiya Janata Party's landslide win last week would bring a new government willing ...
Buoyant sentiment boosts dollar in Asia trade TOKYO: Buoyant investor sentiment lifted the dollar against the yen and euro in Asia on Friday, while the Thai baht logged modest gains after a military coup that followed months of deadly street protests.In midday Tokyo trading, the greenback fetched 101.78 yen compared with 101.72 yen in New York Thursday.The euro inched up to 138.92 yen from 138.90 yen while it slipped to $1.3648 from $1.3653, following a slight downturn in a key eurozone gauge ...
Sri Lanka rupee ends tad weaker on importer dollar demand COLOMBO: The Sri Lanka rupee edged down on Thursday as late importer dollar demand outpaced greenback inflows, but dealers expect the currency to face upward pressure due to steady inflows in the absence of strong demand for imports and credit.The rupee ended at 130.35/38 per dollar, a tad weaker from Wednesday's close of 130.34/36."There was some import demand," said a currency dealer.The central bank has been preventing the rupee's appreciation over the last few weeks ...
Indian rupee sees biggest single-day rise in nearly a week MUMBAI: The Indian rupee posted its biggest single-day rise in nearly a week after Reuters reported that India's finance ministry was working on a proposal to cut fiscal deficit, with gains also helped by improving global risk sentiment.The rupee hit a session high of 58.41 per dollar, stopping just short of an 11-month peak on Monday, on the Reuters report that India's finance ministry was hoping to cut the 2014/15 fiscal deficit to 3.8-3.9 percent ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

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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 23, 2015
Reserves $19.713 bln