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Dollar holds up as Greece, China fears ease TOKYO: The dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese stock markets eased, while investors bet on a near-term US interest rate hike.In Tokyo afternoon trading, the greenback bought 124.05 yen, slightly down from 124.14 yen in New York, but still up from 123.90 yen Thursday in Asia.The euro ticked up to $1.0893 yen, from $1.0875 in US trade, where it fell at one stage to $1.0856, its lowest level in seven weeks.The single currency fetched 135.14 yen against 135.00 yen."Good data, receding risks from China and Greece and Yellen's testimony are underpinning the dollar," said Kumiko Ishikawa, analyst at Gaitame.com Research Institute. Fed chief Janet Yellen said this week that she expects interest rates to rise by the year's end as the world's top economy gets back into gear."Yellen's testimony turned out to be an event to ...

Sri Lanka rupee ends steady on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133.80 amid dollar demand from importers and inward remittances ahead of the Muslim festival of Eid, dealers said. The spot currency closed unchanged for a third straight session on Thursday, after it fell for the first time in seven sessions on Monday following the state-owned bank's decision to raise the dollar-selling rate by 0.15 ...
Yen dips after Bank of Japan cuts growth, inflation forecasts TOKYO: The yen edged lower Wednesday as Japan's central bank cut its annual growth and inflation forecasts for the world's third-largest economy, boosting the odds of more monetary easing measures this year.In Tokyo trading, the dollar ticked up to 123.44 yen from 123.38 yen in New York where it had weakened following disappointing US retail sales data.The euro rose to 135.86 yen from 135.82 yen in US trade, while it edged down to $1.1003 from ...
Dollar higher against euro after Greece deal TOKYO: The dollar rose against the euro in Asian trade Tuesday after Greece reached a tentative new bailout deal, with investors' focus now on the US Fed chief's testimony this week.On forex markets in Asia, the euro stood at $1.0986, slightly off from $1.1004 in New York late Monday.The euro eased to 135.74 yen against 135.84 yen in US trade, while the dollar moved higher to 123.59 yen from 123.45 yen.After gruelling 17-hour talks, Greek ...
Sri Lanka rupee ends steady amid thin trade COLOMBO: The Sri Lankan rupee ended steady for a sixth straight session on Friday in dull trade as demand for more dollars by importers was offset by selling of the greenback at 133.60 by a state-run bank, dealers said. The state-owned bank, through which the central bank usually directs the market, has kept the selling rate of the dollar at 133.60 since July 2, dealers said. "There was (importer) dollar demand today. The state bank ...
Yen rally hits roadblock in Asian trade TOKYO: The yen's brief climb hit a block in Asia Thursday with sentiment picking up as Chinese stock markets rallied and dealers held out hope for a Greek debt deal this weekend.In Tokyo, the dollar strengthened to 121.37 yen from 120.71 yen in New York while the euro rose to 134.69 yen against 133.68 yen.However, both were still off levels earlier this week when jittery traders piled into the yen, which is a seen as ...
Sri Lanka spot rupee steady for 3rd session; state bank sells dollar COLOMBO: The Sri Lankan rupee ended steady for a third straight session on Tuesday in dull trade as a state-run bank sold dollars at 133.60 to keep the currency flat, dealers said. Three-month rupee forwards ended steady at 135.30/40 per dollar as inward remittances offset importer dollar demand. However, six-month forwards ended slightly weaker at 136.85/95, compared with Monday's close of 136.80 as a foreign bank converted some dollars to buy rupee-denominated treasury securities, dealers ...

 



 
Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln