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Dollar firms on lingering hopes for June rate hike TOKYO: The dollar firmed on Thursday after the minutes of the Federal Reserve's last policy meeting showed a split over the timing of an interest-rate increase, keeping chances of a June hike alive.The dollar bought 120.28 yen in Tokyo afternoon trade, up from 120.14 yen in New York late Wednesday.According to the minutes of the March 17-18 meeting of the Federal Open Market Committee, "several participants" thought conditions were right for a June hike in the federal funds rate, which has been stuck near zero since late 2008.Others deemed the economy would not be able to weather a rise until later in the year, while "a couple" said liftoff would remain unlikely until 2016.Differences of views within the Fed countered an earlier market conviction that a June hike was now off the table."The FOMC minutes show there were a few supporters for a June rate hike," said Naohiro Nomoto, an ...

Sri Lankan rupee forwards end weaker on importer dollar demand COLOMBO: Sri Lankan rupee forwards closed slightly weaker on Wednesday as mild importer dollar demand outpaced inflows from remittances and selling of the greenback by exporters, dealers said.Actively traded one-week forwards ended at 133.24/26 per dollar, compared with Tuesday's close of 133.20/25. Two-week forwards ended at 133.35/40 per dollar, compared with their previous close of 133.30/40.Two-week forwards have gained 0.53 percent while the one-week forwards have risen 0.27 percent since March 19 through Tuesday."There were ...
Dollar falls as BoJ stays put TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day policy meeting. The US unit stood at 119.91 yen in late afternoon trade after the decision was announced, compared with 120.32 in New York.The euro changed hands at 130.29 yen from 130.11 yen in New York while edging up to $1.0863 from $1.0813.While the central bank had been widely expected to stay pat on ...
Dollar falls as BoJ stays put TOKYO: The dollar fell against the yen Wednesday as the Bank of Japan held off further easing measures after a two-day policy meeting. The US unit stood at 119.91 yen in late afternoon trade after the decision was announced, compared with 120.32 in New York.The euro changed hands at 130.29 yen from 130.11 yen in New York while edging up to $1.0863 from $1.0813.While the central bank had been widely expected to stay pat on ...
Sri Lankan rupee forwards rise on strong remittances COLOMBO: Sri Lankan rupee forwards traded firmer on Wednesday as inflows from strong remittances and exporter dollar sales outpaced thin importer demand for the greenback, dealers said.Actively traded one-week forwards were at 133.15/20 per dollar, compared with Tuesday's close of 133.20/25. Two-week forwards were at 133.25/35 per dollar, compared with their previous close of 133.30/40. Two-week forwards have gained 0.56 percent while the one-week forwards have risen 0.34 percent since March 19."There are not much ...
Dollar eases as BoJ stays put TOKYO: The dollar eased slightly Wednesday as the Bank of Japan announced it will hold off further easing measures after a two-day policy meeting. The US unit stood at 120.06 yen shortly after the decision was announced in early afternoon trade, compared with 120.32 in New York.The euro was at $1.0835 and 130.12 yen, edging up from $1.0813 and 130.11 yen in New York.While the market was little bothered by the central bank announcement, economists ...
Sri Lankan rupee forwards firmer on strong remittances COLOMBO: Sri Lankan rupee forwards ended firmer on Tuesday as inflows from strong remittances and exporter dollar sales outpaced thin importer demand for the greenback, dealers said.Actively traded one-week forwards ended firmer at 133.20/25 per dollar, compared with Monday's close of 133.33/38. One-month forwards ended at 133.63/68 per dollar, compared with their previous close of 133.71/74.Two-week forwards ended at 133.30/40 per dollar, compared with their previous close of 133.43/50."Rupee is stronger on continued inflows to ...

 



 
Index Closing Chg%
Arrow DJIA 18,037.97 0.23
Arrow Nasdaq 5,060.25 0.63
Arrow S&P 2,108.92 0.41
Arrow FTSE 7,103.98 0.47
Arrow DAX 12,039.16 1.93
Arrow CAC-40 5,268.91 1.30
Arrow Nikkei 19,983.32 0.18
Arrow H.Seng 28,433.59 1.33
Arrow Sensex 27,176.99 0.95





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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%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln