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Sri Lanka rupee weaker due to equity outflows, importer demand COLOMBO: The Sri Lanka rupee ended weaker on Monday due to dollar demand for stock-related outflows and from importers, while dealers said the central bank's moral suasion prevented the spot trading above 130.40 and forced forwards trade.The spot currency was quoted at 130.50/60 per dollar, compared with Friday's close of 130.40/50. Dealers said the spot rupee did not trade as banks were reluctant to trade beyond the 130.40 level, at which the central bank had intervened in the recent past through moral suasion.The three-day forwards or spot next, which was actively traded in the absence of spot trade, ended at 130.55/80 per dollar, weaker from Friday's close of 130.50/60, dealers said.Dealers said the central bank also prevented the spot next from trading above 130.55 through moral suasion and sold dollars to select banks.A central bank official said the monetary authority would intervene to prevent high volatility."There was no moral suasion ...

Indian rupee gains on positive China trade data MUMBAI: The Indian rupee started the week on a winning note after stronger-than-expected China trade data lifted risk appetite for emerging market assets by easing some of the recent concerns about the global economy.Data on Monday showed China's exports in September grew more than the market expected, while imports surprisingly expanded, alleviating worries about deteriorating domestic demand in the world's second-largest economy.But broader gains were capped ahead of consumer inflation data. Consumer price inflation is ...
Yen up against dollar in Asia on global growth fears SINGAPORE: The yen rose against the dollar in Asia Monday as concerns over the global economy sent traders fleeing to safer investments, analysts said.The dollar slipped to 107.19 yen in the afternoon Singapore trade from 107.65 yen in New York late Friday.Japanese financial markets are closed for a public holiday.The euro was at $1.2678 down from $1.2627 and fetched 135.92 yen down from 135.97."Global growth worries continue to drive currency markets," Singapore's biggest lender DBS ...
Dollar slips vs yen as global growth worries hit risk appetites SINGAPORE: The dollar fell to a one-month low against the yen on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency. The dollar also slipped versus the euro and the Australian dollar in choppy, holiday-thinned trade. The greenback struggled to gain traction in the wake of its broad drop last week after the dovish-leaning minutes of the US Federal Reserve's September meeting prompted the market ...
Yen rises as global growth woes hit risk sentiment SINGAPORE: The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency. The yen has pulled away from a six-year low versus the dollar set in early October, after dovish-leaning minutes of the US Federal Reserve's September meeting released last Wednesday prompted the market to push back the expected timing of a Fed rate hike. The low-yielding ...
China's yuan rises on strong trade data, central bank midpoint SHANGHAI: China's yuan firmed against the dollar on Monday, posting a nearly two-week high, after China released better-than-expected trade data for September and the central bank fixed its official rate stronger.The People's Bank of China set its midpoint rate at 6.1446 per dollar prior to market open, up 0.04 percent from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at 6.1315 per ...
Global growth concerns trim Asia FX weekly gains SEOUL: Most emerging Asian currencies fell on Friday, paring their gains for the week, as worries about a slowing global economy dented risk appetites.The Malaysian ringgit eased as local stocks lost more than 1 percent, underperforming regional peers. The currency didn't have an immediate reaction to the government's 2014/2015 economic report.The Philippine peso weakened with data showing August exports grew at the slowest pace in three months. Foreign direct investments in July fell 21 percent ...

 



 
Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln