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Sri Lankan rupee falls on importer dollar demand, foreign bond sales COLOMBO: The Sri Lankan rupee fell on Tuesday due to importer dollar demand in late trade and as foreign investors sold government securities.The local currency is under downward pressure due to continued foreign selling in government securities, dealers said.The spot currency ended at 130.65/70 per dollar compared with Monday's close of 130.50/60.Dealers said the spot, which was supported by the central bank at 130.55 in early trade, fell due to late dollar demand.Three-day forwards or spot next, which was actively traded in the absence of spot trade in the past few days, ended at 130.68/72 per dollar compared with Monday's close of 130.55/80, dealers said.The central bank in the last week of September limited the spot range to between 130.40 and 130.50, to prevent any sharp falls amid heavy selling in stocks and a pullback by foreign investors from government securities.Currency dealers expect the rupee to weaken due to sustained ...

Dollar probes lows on risk aversion, dovish rate hike outlook TOKYO: The dollar probed recent lows on Tuesday as risk aversion amid the fall in global equities favoured peers such as the yen, with uncertain timing about the Federal Reserve's interest rate hike further undermining the US currency's appeal.The dollar index was down 0.2 percent at 85.332, well below the four-year high of 86.746 struck earlier this month when a Fed rate hike in the near term seemed more likely.The dollar crawled up 0.2 percent ...
China's yuan hits highest level since March on central bank guidance SHANGHAI: China's yuan rose to a seven-month high against the dollar on Tuesday, buoyed by a stronger central bank midpoint.The Chinese currency traded in a narrow range after hitting 6.1230 per dollar, the spot rate's highest level since early March.The currency has been rallying slowly but steadily since late September on the back of strong trade data.The People's Bank of China (PBOC) set its midpoint rate at 6.1408 per dollar prior to market open, up ...
Dollar edges up, risk aversion, dovish rate hike outlook weigh TOKYO: The dollar rebounded modestly against the yen and euro on Tuesday following steep falls overnight, although risk aversion amid the fall in global equities and uncertainty on the timing of Federal Reserve interest rate hikes put a firm cap on the currency.The dollar crawled up 0.4 percent to 107.235, but remained in close range of a one-month low of 106.76 hit earlier in the session.The euro slipped 0.2 percent to $1.2726 after surging nearly ...
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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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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 23, 2014
Reserves $13.465 bln