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Dollar rally stumbles ahead of Fed meeting TOKYO: The dollar's rally against the yen stumbled Wednesday before a Federal Reserve meeting next week which could give clues about the timing of a US interest rate rise.In Tokyo trading the dollar slipped to 123.65 yen in the afternoon from 123.86 yen in New York, but it was up from 124.43 yen in Tokyo earlier Tuesday. The 19-nation euro edged down to $1.0939 from $1.0942 and to 135.22 yen from 135.53 yen, as Greek lawmakers get set to vote on a second batch of reforms that must pass if Athens is to receive its third international bailout.The euro is still well up from $1.0825 and 134.61 yen Tuesday in Asia."The euro is higher as progress continues to be made toward a third financial assistance programme for Greece," said Nick Bennenbroek, head of currency strategy at Wells Fargo Securities.The Federal Reserve holds its next policy meeting from Tuesday, with traders ...

Sri Lanka rupee ends higher as state bank cuts dollar peg COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as a state-run bank cut the currency's peg against the US dollar by 10 cents to allow the exchange rate to appreciate to 133.70, dealers said. There was however downward pressure on the rupee, which has been steady for the last five sessions, due to demand for the greenback from importers, dealers said.The spot rupee closed 10 cents higher at 133.70 on Tuesday. Since July 13, ...
Dollar picks up on interest rate hike speculation TOKYO: The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations the US Federal Reserve will raise interest rates this year. In Tokyo afternoon trading, the greenback was sitting at 124.43 yen, its strongest level since mid-June, compared with 124.30 yen in New York on Monday. The euro bought $1.0823 and 134.69 yen, against $1.0824 and 134.55 yen. Markets are keeping a close eye on the ...
Sri Lanka rupee ends steady for 5th session on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady for a fifth straight session on Monday as a state-run bank kept the selling rate at 133.80 to the dollar amid demand for the greenback from importers, dealers said.The spot currency closed unchanged at 133.80 on Monday, after it fell for the first time in seven sessions on July 13 following the state-owned bank's decision to raise the dollar-selling rate by 0.15 percent to 133.80."There is importer (dollar) ...
Dollar firm in Asia with focus on Fed rate hike timing SINGAPORE: The dollar firmed in Asia Monday with investors focusing on the timing of a US interest rate increase after debt-strapped Greece reached a bailout agreement with its creditors.The dollar rose to 124.17 Japanese yen in afternoon Singapore trade from 124.09 yen late Friday in New York.The euro weakened to $1.0827 from $1.0830 after the dollar pushed to a three-month high against the single currency on Friday.The euro was changing hands at 134.44 yen from ...
Dollar holds up as Greece, China fears ease TOKYO: The dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese stock markets eased, while investors bet on a near-term US interest rate hike.In Tokyo afternoon trading, the greenback bought 124.05 yen, slightly down from 124.14 yen in New York, but still up from 123.90 yen Thursday in Asia.The euro ticked up to $1.0893 yen, from $1.0875 in US trade, where it fell at ...
Sri Lanka rupee ends steady on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133.80 amid dollar demand from importers and inward remittances ahead of the Muslim festival of Eid, dealers said. The spot currency closed unchanged for a third straight session on Thursday, after it fell for the first time in seven sessions on Monday following the state-owned bank's decision to raise the dollar-selling rate by 0.15 ...

 



 
Index Closing Chg%
Arrow DJIA 16,643.01 0.07
Arrow Nasdaq 4,828.32 0.32
Arrow S&P 1,988.87 0.06
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,298.53 0.17
Arrow CAC-40 4,675.13 0.36
Arrow Nikkei 19,136.32 3.03
Arrow H.Seng 21,612.39 1.04
Arrow Sensex 26,392.38 0.61





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln