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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 through which the central bank usually directs the market sold dollars at 133.80."The state bank continued to sell dollars at 133.80 and there is pressure by foreigners to sell bonds too," a currency dealer said on condition of anonymity.Dealers said the central bank has persuaded banks to keep the spot at current levels, but officials of the banking regulator were not immediately available to comment on it.The state-run bank cut the spot rupee's level by ...

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 ...
China's yuan flat, dollar supply-demand seen in balance SHANGHAI: China's yuan steadied against the dollar on Wednesday after the central bank set the daily guidance rate near unchanged, with traders saying dollar supply and demand were roughly in balance.The People's Bank of China (PBOC) set the midpoint rate at 6.1173 per dollar prior to market open, only 0.01 percent firmer than the previous fix at 6.1179.The spot market opened at 6.2053 per dollar and was changing hands at 6.2058 at midday, unchanged from ...
Euro rises on hopes for Greek bailout deal TOKYO: The euro strengthened Wednesday as investors bet Greece is nearing a bailout deal with its international creditors that would avoid a default and possible eurozone exit.The 19-nation currency rose to $1.1297 and 140.51 yen in Tokyo trade from $1.1280 and 140.23 yen in New York. Cash-strapped Athens submitted new proposals Tuesday to end a standoff with the European Union and the International Monetary Fund before the latest rescue package expires at the end of ...
China's yuan slips on weak midpoint, large trade surplus caps losses SHANGHAI: China's yuan eased against the dollar on Monday after the central bank set the daily guidance rate lower for a second straight session, but a near record trade surplus helped to reverse the loss, traders said.The People's Bank of China (PBOC) set the midpoint rate at 6.1205 per dollar prior to market open, 0.04 percent weaker than the previous fix at 6.1181.The spot market opened at 6.2055 per dollar and touched the intraday low ...
Dollar still strong after US jobs report TOKYO: The dollar held steady in Asia on Monday after soaring on a strong US jobs report that sparked talk the Federal Reserve would move more quickly to raise interest rates.The greenback bought 125.40 yen, slightly down from 125.56 yen late Friday in New York where the US unit climbed briefly to a 13-year high of 125.86 yen.But the dollar was still up from 124.45 yen in Tokyo on Friday before the US jobs data. ...

 



 
Index Closing Chg%
Arrow DJIA 17,6630.27 1.09
Arrow Nasdaq 5,089.21 0.98
Arrow S&P 2,093.25 1.24
Arrow FTSE 6,555.28 0.77
Arrow DAX 11,173.91 1.06
Arrow CAC-40 4,977.32 1.01
Arrow Nikkei 20,328.89 0.10
Arrow H.Seng 24,503.94 0.62
Arrow Sensex 27,459.23 0.37





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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