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Dollar steady as eyes on Fed announcement TOKYO: The dollar was stuck in a tight range on Wednesday as investors waited for a policy announcement by the US Federal Reserve.The greenback bought 121.35 yen in Tokyo trade, compared with 121.34 yen in New York late Tuesday.The euro held firm at $1.0595 and 128.57 yen from $1.0590 and 128.51 yen in US trade after German data showed investor confidence rose to a 13-month high in March.The US central bank's decision-making Federal Open Market Committee (FOMC) is to wrap up a two-day meeting on Wednesday, with Fed chair Janet Yellen set to hold a post-meeting press conference.Investors were looking out for clues about what could be the first interest rate increase in nearly nine years.Many Fed watchers anticipated the FOMC will delete its reference to being "patient" -- used in the December and January statements -- about raising near-zero rates in its post-meeting statement Wednesday.Expectations have been high for ...

Yuan hits 2-mth high as sentiment improves on suspected central bank support SHANGHAI: China's yuan hit its highest level against the dollar since mid- January on Wednesday, breaching a psychologically important barrier, buoyed by a firmer central bank midpoint and massive dollar sales by big state-owned banks, traders said.Sentiment towards the Chinese currency has been greatly strengthened by suspected central bank intervention in the past two weeks, which markets viewed as the bank persistently signalling its preference for yuan stability."Now we feel more confident to sell dollars ...
Dollar steady as eyes on Fed announcement TOKYO: The dollar remained steady against the yen on Wednesday as investors waited for a policy announcement by the US Federal Reserve.The dollar bought 121.32 yen in Tokyo trade, compared with 121.34 yen in New York late Tuesday.The euro edged up to $1.0608 and 128.69 yen from $1.0590 and 128.51 yen in US trade after German data showed investor confidence rose to a 13-month high in March.The US central bank's decision-making Federal Open Market Committee ...
Sri Lanka rupee forwards down on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker for a second session on Tuesday on importer dollar demand, but moral suasion prevented a sharper fall as the market waited for cues on interest rates a day ahead of the central bank's monetary policy announcement.Actively-traded two-week rupee forwards ended at 134.00/134.10 per dollar compared to Monday's close of 133.85/95, dealers said.Dealers said the central bank prevented trades in two-week forwards above 134.00, which forced traders to trade ...
Dollar steady in Asia as BoJ holds fire TOKYO: The dollar held up against the yen and euro on Tuesday ahead of a closely watched Federal Reserve policy meeting, while the yen faced pressure after the Bank of Japan warned of zero inflation "for the time being".In afternoon Tokyo trading, the greenback was at 121.36 yen, little changed from 121.35 yen in New York late Monday.The euro, which hit a 12-year low Monday below $1.0500, bought $1.0567 against $1.0565 in US trade.The single ...
Dollar rebounds in Asia as BoJ holds fire TOKYO: The dollar was marginally higher against the yen and euro Tuesday ahead of a closely watched Federal Reserve policy meeting, while the yen faced pressure after the Bank of Japan warned of zero inflation "for the time being".In midday Tokyo trading, the greenback was at 121.43 yen, up slightly from 121.35 yen in New York late Monday.The euro, which hit a 12-year low Monday below $1.0500, bought $1.0570 against $1.0565 in US trade.The single ...
Sri Lanka rupee forwards fall on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker on Monday on importer dollar demand, but moral suasion by the central bank prevented a sharper fall as the market waited for cues on interest rates, which have been rising since last month.Actively-traded two-week rupee forwards fell to 134.00 before the central bank prevented it trading below that level, and ended at 133.85/95 per dollar, down from Friday's close of 133.75/85, dealers said."The central bank prevent the fall ...

 



 
Index Closing Chg%
Arrow DJIA 17,698.18 0.44
Arrow Nasdaq 4,880.23 0.42
Arrow S&P 2,059.69 0.40
Arrow FTSE 6,809.50 0.54
Arrow DAX 12,001.38 0.2
Arrow CAC-40 5,062.22 0.57
Arrow Nikkei 19,034.84 0.90
Arrow H.Seng 25,082.75 0.73
Arrow Sensex 28,260.14 1.08





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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 20, 2015
Reserves $16.132 bln