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Sri Lankan rupee near record low on importer dollar demand COLOMBO: The Sri Lankan rupee ended weaker on Monday, not far from an all-time low hit in the previous session, on importer dollar demand, while a private bank's greenback sales prevented further fall in the local currency, dealers said.The rupee ended down at 142.20/30 per dollar from Friday's close of 142.00/05.The currency fell 0.25 percent on Friday to a record low of 142.25, though the central bank prevented it from falling further by restricting trades below 142.00 per dollar, dealers said.Dealers said the central bank on Monday prevented the currency from falling further by restricting trades below 142.20 per dollar. Central bank officials were not available for comments."The rupee is weaker on lack of supply. Exporters are reluctant to sell as they expect the currency to weaken further and they are waiting to see what the central bank's move is," said a currency dealer asking not to be named.Dealers said ...

Euro sinks as safe havens rally after Paris attacks TOKYO: The euro fell against its major peers in Asia Monday as dealers shifted back to safer investments after the deadly weekend terror attacks in Paris reinforced concerns about the impact on the already struggling eurozone economy.The risk-off mood, also stoked by fresh data showing that Japan's economy slipped back into recession in the third quarter, weighed especially on the euro as foreign exchange markets opened for the first time since the attacks that killed ...
China's yuan takes leap towards joining IMF currency basket WASHINGTON: China's yuan moved closer to joining other top global currencies in the International Monetary Fund's benchmark foreign exchange basket on Friday after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up.The recommendation paves the way for the Fund's executive board, which has the final say, to place the yuan on a par with the U.S. dollar, Japanese yen , British pound and euro at a meeting scheduled for Nov. 30.Joining ...
Sri Lankan rupee hits record low on importer dollar demand COLOMBO: The Sri Lankan rupee hit a record low on Friday as importer dollar demand surpassed the greenback sales from a bank, currency dealers said.The central bank, however, prevented the currency from falling further by restricting trades below 142.00 per dollar, dealers said. Central bank officials were not available for comments. The currency fell 0.25 percent during the day to hit an all-time low of 142.25, dealers said, surpassing its previous record low of 142.00 ...
Dollar under pressure on weak stocks ahead of US retail data TOKYO: The dollar came under further selling pressure on Friday as investors turned cautious over falling global stocks while awaiting fresh US data on retail sales later in the day.The prospect of a gradual tightening of US monetary policy if and when the US Federal Reserve starts raising interest rates has weighed on the US currency."The Fed may be seeing that there's no need to force markets to increase how much they are pricing in ...
Sri Lankan rupee ends weaker near record low; budget awaited COLOMBO: The Sri Lankan rupee edged down on Thursday, hovering near its record low hit earlier in the week, due to importer dollar demand. The currency ended at 141.99/142.05 per dollar, near its all-time low of 142.00 and weaker from Wednesday's close of 141.92/97. Dealers expect the currency to trade around current levels until they see some clarity from the 2016 budget. The rupee fell 0.35 percent in intraday trading on Monday to a record ...
US dollar slips as Aussie lifted by jobs data TOKYO: The dollar eased against most currencies in Asia early Thursday after surging at the start of the week, while a strong unemployment reading boosted the Australian dollar.The Aussie surged more than one percent against the greenback, as government data showed the country's October jobless rate fell to a better-than-expected 5.9 percent.Investors moved into high-yield, or riskier, emerging currencies as they await speeches by Federal Reserve chief Janet Yellen and other US central bank policymakers ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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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