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Sri Lanka rupee firmer on exporter, bank dollar sales; stocks up COLOMBO: The Sri Lankan rupee traded firmer on Thursday as dollar sales by exporters and banks outpaced importer demand for the greenback, with the market expecting the rupee to strengthen in the near future. Some dealers said investor sentiment on the currency was positive because of expected inflows from a $1 billion sovereign bond issue either on Thursday or Friday. The spot rupee was at 130.65/70 per dollar at 0534 GMT, firmer from Monday's close of 130.68/73. Both currency and stock markets were closed on Tuesday and Wednesday for public holidays. "There were some import bills that got covered without any issue. We have seen some exporter and banks dollar sales," said a dealer. The rupee is likely to appreciate in the near term due to inflows from the bond issue, dealers said. However, gains would depend on whether the central bank wants to buy the inflows to build up ...

Dollar rises in Asia on upbeat US data TOKYO: The dollar rose against the yen in Asia Thursday following another batch of upbeat US data that has fuelled speculation the Federal Reserve will announce a further cut to its stimulus this month.The greenback bought 104.73 yen in Tokyo afternoon trade, up from 104.59 yen in New York on Wednesday. And the euro climbed to 142.64 yen from 142.29 yen, rebounding after taking a hit in Europe after the release of weak German growth ...
South Korea won creeps lower as dollar buoyed by upbeat US data SEOUL: The South Korean won inched slightly lower in early domestic trade on Thursday morning, after fresh US data pointed to signs of improvement in the world's largest economy and pushed the dollar higher.The local currency was quoted at 1,063.8 against the dollar as of 0225 GMT, compared with Wednesday's domestic close of 1,062.7.US economic data showed the seasonally-adjusted Producer Price Index rose by 0.4 percent in December -- the biggest increase since June.The Federal ...
Dollar rises in Asia on upbeat US data TOKYO: The dollar rose against the yen in Asia Thursday following another batch of upbeat US data that has fuelled speculation the Federal Reserve will announce further cut to its stimulus this month.The greenback bought 104.88 yen in Tokyo midday trade, up from 104.59 yen in New York on Wednesday. And the euro climbed to 142.82 yen from 142.29 yen, rebounding after taking a hit in Europe after the release of weak German growth data.The ...
Dollar jumps in Asia on US sales report TOKYO: The dollar rose in Asia Wednesday, extending gains it recorded in New York after a better-than-expected US retail sales report.In afternoon trade in Tokyo the dollar bought 104.42 yen, compared with 104.20 in New York and much stronger than the 103.43 yen in Asia earlier Tuesday. The euro fetched $1.3633 compared with $1.3677 in New York.The euro was also easier at 142.39 yen against 142.52 yen but well up from the 141.27 yen Tuesday ...
South Korea won edges lower after positive US retail data SEOUL: The South Korean won edged lower on Wednesday after better-than-expected US retail data pointed to strength in the world's biggest economy, bolstering demand for the dollar.The local currency was quoted at 1,063.1 against the dollar as of 0220 GMT, compared with Tuesday's domestic close at 1,059.1.The retail sales data eased concerns about the pace of growth in the US economy and helped halt the dollar's broad retreat in Asian markets triggered by a weaker-than-expected ...
China's yuan snaps rising streak, offshore-onshore gap widens HONG KONG: China's yuan pulled back on Wednesday after the central bank tempered the brisk pace of gains via a weaker daily midpoint fixing, setting it up to break a three-day rising streak.The weaker fix comes a day after state-run banks were spotted buying dollars at the day's highs on Tuesday pushing the gap between the offshore yuan and its onshore counterpart to more than 200 pips, its highest since November.In early trades on Wednesday, ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln