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Sri Lankan rupee falls slightly on dollar demand from foreign bond sellers COLOMBO: The Sri Lankan rupee ended a tad weaker on Thursday due to dollar demand from foreign bond sellers and importers, dealers said.The spot currency ended at 130.35/45 per dollar compared with Tuesday's close of 130.32/36. Both the stock and foreign exchange markets were closed on Wednesday for a Buddhist religious holiday.Currency dealers and a bond trader said there was demand for dollars from foreign investors for selling bonds but in thin volumes.Treasury Secretary P.B. Jayasundera said on Thursday rupee appreciation is unavoidable in the medium to longer term due to higher export earnings and inflows from services.The central bank in the last week of September limited the spot currency range to between 130.40 and 130.50, to prevent any sharp fall amid heavy equity selling and pullback by foreign investors from government securities.Currency dealers expect the rupee to weaken further on the back of sustained selling by foreign investors in ...

India rupee sees biggest single-day gain in nearly 2 months MUMBAI: The Indian rupee posted its biggest single-day gain in nearly two months on Thursday, after hitting the highest level in more than two weeks after the U.S. Federal Reserve's September policy meeting minutes suggested it was in no hurry to raise interest rates.The dollar fell to a three-week low against the yen, as investors cut favourable bets after minutes of the Federal Reserve's last meeting prompted many to push out expectations for the likely ...
Ringgit near 3 week high ahead of budget, Asia FX up on dovish Fed SEOUL: The Malaysian ringgit hit a near three-week high on Thursday ahead of the country's budget for 2015, leading gains in emerging Asian currencies as minutes from the US Federal Reserve's latest policy meeting eased concerns that it may raise interest rates more quickly than expectedThe ringgit rose as high as 3.2310 per dollar, its strongest since Sept. 22, ahead of the country's 2015 budget announcement on Friday.Investors are hoping the government will follow up ...
Sri Lankan rupee tad weaker on foreign bond sales, imports COLOMBO: The Sri Lankan rupee traded weaker on Thursday due to dollar demand from foreign bond sellers and importers, dealers said.The spot currency traded at 130.40/45 per dollar at 0643 GMT down compared with Tuesday's close of 130.32/36. Both the stock and foreign exchange markets were closed on Wednesday for a Buddhist religious holiday. "Rupee is weaker on bond sales. There were some bond sales," said a currency dealer asking not to be named. A ...
China's yuan rises for 2nd day on stronger midpoint HONG KONG: China's yuan rose for a second consecutive day against the dollar on Thursday, after the central bank set the official guidance rate stronger, signaling its comfort with a stronger currency for now.The People's Bank of China set the midpoint rate at 6.1461 per dollar prior to market open, slightly stronger from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at ...
Dollar hits fresh 2-week low in wake of dovish Fed minutes SYDNEY/SINGAPORE: The dollar hit a two-week low versus a basket of currencies on Thursday, after minutes from the US Federal Reserve's last meeting prompted markets to push out expectations for the likely timing of an interest rate rise. The dollar index fell 0.1 percent to 85.174. It slipped to 85.143 at one point, its lowest level since late September, pulling away from a four-year peak of 86.746 hit on Friday. Against the yen, the dollar ...
Dollar pressured in Asia after Fed minutes TOKYO: The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's September meeting that dampened expectations for an early interest rate hike.The greenback bought 107.96 yen in Tokyo midday trade, compared with 108.14 yen in New York, and well down from above the 110 yen level last week.The euro was at $1.2733 against $1.2734 in New York and much stronger than the $1.2667 level it was at before the ...

 



 
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