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Sri Lanka rupee steady at record low; stocks up COLOMBO: The Sri Lankan rupee traded steady at a record low on Monday in dull trade as a state-run bank, through which the central bank directs the markets, offered dollars at 114, dealers said.Central Bank Governor Arjuna Mahendran last week said the country should let market forces determine its rupee exchange rate and warned that trying to buck the global trend of a rising dollar is "suicidal".The spot currency was steady at 134.00 per dollar on Monday, a record low hit in the previous session on Friday."The rupee is steady as the state bank is selling dollars at 134.00," a currency dealer said on condition of anonymity.Currency dealers said hopes that the rupee would strengthen on rising inflows were fading as the currency had come under pressure due to a strong US currency, political uncertainty ahead of a parliament poll and foreign selling in rupee bonds during the last few ...

China's yuan flat for 3rd straight day, could end week lower SHANGHAI: China's yuan was flat against the dollar on Friday for the third consecutive trading session after the central bank set the daily guidance rate weaker.For the week, the currency is likely to be 0.05 percent lower if it closes at the midday level.The People's Bank of China (PBOC) set the midpoint rate at 6.1167 per dollar prior to market open, 0.03 percent weaker than the previous fix at 6.115.The spot market opened at 6.2059 ...
Sri Lanka rupee falls to record low COLOMBO: The Sri Lankan rupee fell to a record low of 134 on Friday as a state-run bank, through which the central bank directs the markets, lowered the dollar selling rate by 20 cents, dealers said.Currency dealers said hopes that the rupee would strengthen on rising inflows was fading as the currency has come under pressure due to political uncertainty ahead of a parliament poll and foreign selling in rupee bonds during the last few ...
Euro falls as IMF walks out of Greek bailout talks TOKYO: The euro fell on Friday as hopes for a Greek bailout deal took a hit after the International Monetary Fund pulled out of crunch talks between Athens and its creditors.In Tokyo, the single currency was at $1.1229 and 138.63 yen, against $1.1260 and 139.00 yen in New York.The dollar bought 123.47 yen against 123.45 yen.The IMF piled pressure on Athens Thursday when it walked away from the talks saying the "ball is very much ...
Sri Lankan rupee steady on dollar selling by state bank COLOMBO: The Sri Lankan rupee traded steady as a state-run bank continued to sell dollars at 133.80 for the third day on Thursday, even as the central bank defended the spot currency via moral suasion, dealers said.Currency dealers said hopes the rupee would strengthen on rising inflows was fading as the currency has come under pressure after foreign investors too sold rupee bonds on Thursday.The spot currency traded unchanged as one of two state-run banks ...
Yen retraces after rally as analysts tip further weakness TOKYO: The yen retreated against the dollar Thursday, giving up strong gains from the previous session spurred by comments from the head of Japan's central bank as analysts predicted further weakness ahead.On Thursday, the dollar fetched 123.31 yen from 122.67 yen in New York trading. The greenback topped the 125 yen level, a 13-year high, earlier this week.Bank of Japan chief Haruhiko Kuroda sent the yen soaring Wednesday when he said the Japanese currency's recent ...
Dollar strength returns after plunge against yen TOKYO: The dollar resumed its uptrend against the yen Thursday after suffering a sharp sell-off in the previous session, with analysts tipping the greenback to extend its gains.On Thursday, the dollar recovered some ground, buying 123.06 yen from 122.67 yen in New York trading. The greenback topped the 125 yen level, a 13-year high, earlier this week.Bank of Japan chief Haruhiko Kuroda sent the yen soaring Wednesday when he said the Japanese unit's recent sell-off ...

 



 
Index Closing Chg%
Arrow DJIA 17,440.59 0.73
Arrow Nasdaq 5,039.78 0.96
Arrow S&P 2,067.64 0.58
Arrow FTSE 6,505.13 1.13
Arrow DAX 11,056.40 2.56
Arrow CAC-40 4,927.60 2.57
Arrow Nikkei 20,350.10 0.95
Arrow H.Seng 24,351.96 3.09
Arrow Sensex 27,561.38 1.96





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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%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln