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Sri Lanka rupee firmer on exporter dollar sales COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as exporter dollar sales outpaced importer demand for the greenback, though broader gains were capped as state banks bought dollars to prevent any sharp gains, dealers said.The rupee ended at 130.13/14 per dollar after touching 130.17, slightly firmer from Monday's close of 130.15/16. It had hit a two-week low of 130.26 per dollar on Wednesday.Two state banks, through which the central bank usually intervenes in the market, bought dollars at 130.13, two cents below Monday's rate, to prevent sharp gains and excessive volatility, dealers said."There was demand for dollars with the stock-related dollar outflow speculation. But it ended firmer," said a currency dealer.The island nation's bourse saw a net outflow of 4.52 billion rupees ($34.7 million) on Tuesday, the highest net foreign selling since March 25, 2010.Yields on five-year bonds were trading at 7.48/58 percent, 13 basis points (bps) higher than ...

Sri Lanka rupee firm on exporter dollar sales COLOMBO: The Sri Lankan rupee gained against the US dollar on Tuesday as exporter dollar sales outpaced importer demand for the greenback even as state banks prevented any further appreciation, dealers said.The rupee was trading at 130.13/15 per dollar at 0800 GMT, a tad firmer from Monday's close of 130.15/16. It had hit a two-week low of 130.26 per dollar on Wednesday.Two state banks, through which the central bank usually intervenes in the market, bought ...
Dollar firm in Asia as Ukraine tensions ease TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors looked to a speech by the US Federal Reserve chief this week.In afternoon Tokyo trade, the greenback rose to 102.62 yen, from 102.57 yen in New York and 102.32 yen in Tokyo earlier Monday.The euro was weaker at $1.3351 from $1.3363, while it bought 137.04 yen against 137.05 yen in US trade."There was a general ...
Dollar firm in Asia as Ukraine tensions ease TOKYO: The dollar held steady in Asia on Tuesday as concerns over a Ukrainian clash with Russia eased, while investors looked to a speech by the US Federal Reserve chief this week. In midday Tokyo trade, the greenback rose to 102.62 yen, up from 102.57 yen in New York and 102.32 yen in Tokyo earlier Monday.The euro was weaker at $1.3351 from $1.3363, while it bought 137.04 yen against 137.05 yen in US trade."There was ...
Won hits 5-week high, Asia FX steady on Jackson Hole caution SINGAPORE: The South Korean won hit a five-week high on Monday, while most emerging Asian currencies barely changed amid caution ahead of a top central bankers' meeting at the Federal Reserve's annual Jackson Hole symposium this week.The won rose as much as 0.6 percent to 1,015.5 per dollar, its strongest since July 11, on demand from exporters for settlements and catch-up plays.Financial markets in South Korea were closed on Friday when most regional currencies rose.Thailand's ...
Sri Lanka rupee edges up on remittance inflow COLOMBO: The Sri Lankan rupee rose on Monday as inward remittances and dollar sales by exporters outpaced importer demand for the greenback, but further gains were capped by dollar-buying from state banks, dealers said.The rupee ended at 130.15/16 per dollar, slightly firmer than Friday's close of 130.16/19. It had hit a two-week low of 130.26 per dollar on Wednesday.One of the two state banks through which the central bank usually intervenes in the market bought ...
Sri Lanka rupee edges up on remittance inflow COLOMBO: The Sri Lankan rupee rose against the US currency on Monday as inward remittances and dollar sales by exporters outpaced importer demand for the greenback even as state banks prevented any further appreciation, dealers said. The rupee was trading at 130.15/17 per dollar, slightly firmer than Friday's close of 130.16/19. It had hit a two-week low of 130.26 per dollar on Wednesday. One of the two state banks through which the central bank usually ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln