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Sri Lanka rupee ends steady amid thin trade COLOMBO: The Sri Lankan rupee ended steady for a sixth straight session on Friday in dull trade as demand for more dollars by importers was offset by selling of the greenback at 133.60 by a state-run bank, dealers said. The state-owned bank, through which the central bank usually directs the market, has kept the selling rate of the dollar at 133.60 since July 2, dealers said. "There was (importer) dollar demand today. The state bank is selling at 133.60," a currency dealer said. The currency has appreciated 0.45 percent since it hit a record low of 134.20 against the dollar on June 18. The central bank may not be able to sustain the rupee's appreciation trend as import demand could pick up due to lower interest rates, dealers and analysts said.Copyright Reuters, 2015 ...

Yen rally hits roadblock in Asian trade TOKYO: The yen's brief climb hit a block in Asia Thursday with sentiment picking up as Chinese stock markets rallied and dealers held out hope for a Greek debt deal this weekend.In Tokyo, the dollar strengthened to 121.37 yen from 120.71 yen in New York while the euro rose to 134.69 yen against 133.68 yen.However, both were still off levels earlier this week when jittery traders piled into the yen, which is a seen as ...
Sri Lanka spot rupee steady for 3rd session; state bank sells dollar COLOMBO: The Sri Lankan rupee ended steady for a third straight session on Tuesday in dull trade as a state-run bank sold dollars at 133.60 to keep the currency flat, dealers said. Three-month rupee forwards ended steady at 135.30/40 per dollar as inward remittances offset importer dollar demand. However, six-month forwards ended slightly weaker at 136.85/95, compared with Monday's close of 136.80 as a foreign bank converted some dollars to buy rupee-denominated treasury securities, dealers ...
Malaysia ringgit hits 16-year low on political uncertainty KUALA LUMPUR: Malaysia's ringgit hit a 16-year low Monday on growing political uncertainty following allegations that a probe into a state investment fund found hundreds of millions of dollars were transferred into the prime minister's personal accounts.The currency dropped 0.8 percent to 3.8088 against the greenback in Kuala Lumpur, the lowest level since May 1999.The currency was fixed at 3.8 to the dollar in 1998 during the Asian financial crisis after it slumped 35 percent ...
Euro steady as investors weigh risks of Greek exit TOKYO: The euro held its ground in Asia on Monday despite the odds of a Greek exit from the eurozone spiking after the country rejected creditors' austerity demands in a landmark weekend referendum.The 19-nation currency was changing hands at $1.1027 and 134.82 yen, down from $1.1102 and 136.70 yen Friday.However, it clawed back some of the losses suffered in New York electronic trade Sunday, when it fell to $1.0963.The dollar fetched 122.28 yen against 123.05 ...
Mixed US jobs report weighs on dollar TOKYO: The dollar was under pressure Friday following a mixed US jobs report that has investors questioning the likelihood of a September interest rate hike, while the euro was little changed ahead of this weekend's Greek bailout referendum.In Tokyo, the greenback bought 123.13 yen, marginally up from 123.07 yen in New York but down from 123.54 yen earlier Thursday in Asia.The euro held up at $1.1091 and 136.56 yen from $1.1086 and 136.43 yen.On Thursday, ...
Sri Lankan spot rupee up as state bank lowers dollar selling rate COLOMBO: The Sri Lankan rupee traded firmer on Thursday as a state-run bank, through which the central bank usually directs the market, sold dollars at 133.60, 10 cents lower from the previous session's close, dealers said.The rupee traded at 133.60 per dollar, up from Tuesday's close of 133.70. Both currency and stock markets were closed for a holiday on Wednesday."The state bank sold dollars at a reduced price of 133.60," a currency dealer said."There is ...


Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95

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Banking Review 2014

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