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Sri Lanka rupee closes steady, state banks curb volatility COLOMBO: The Sri Lankan rupee ended steady on Monday as inflows from remittances and exporter dollar sales offset the demand for the U.S. currency from banks due to lower rupee liquidity.Dollar purchases from two state banks helped to curb volatility in the currency by mopping up liquidity and smoothening transactions, dealers said.The rupee ended at 130.26/28 per dollar, little-changed from Friday's close of 130.26/27.One-month forward premiums were steady at 22/28 cents, its lowest since May 3, 2011 on hopes of further gains in the currency, dealers said."Some banks sold dollars due to tight rupee liquidity," a dealer said.Dealers also said that the state banks bought at 130.26.The central bank usually directs the market through the two state banks. But dealers said it was not quite sure if the state banks were buying for the central bank.Central bank officials were not immediately available for comment.Dealers said the fuel import bill, which ...

Dollar holds up ahead of Fed minutes release TOKYO: The dollar held up in Asia on Monday after rallying on strong jobs data last week, as investors awaited minutes of the most recent meeting of Federal Reserve policymakers.The greenback bought 102.11 yen in Tokyo afternoon, little changed from 102.08 yen on Friday.The euro bought $1.3584 and 138.74 yen on Monday, against $1.3610 and 138.89 yen on Friday in Tokyo.New York markets were closed Friday for the Independence Day holiday.In other trading, the Indonesian ...
South Korea won retreats from six-year high levels; stocks ease SEOUL: The South Korean won eased from six-year highs on Monday as investors awaited comments from the central bank and finance minister nominee later in the week for any clues on possible policy easing. The won was quoted at 1,010.5 versus the dollar at the end of onshore trade, down 0.2 percent from Friday's domestic close of 1,008.9. A spate of data in recent months have shown the economy is losing momentum, lending support to ...
Yuan rises moderately on the dollar, seen stable for now SHANGHAI: China's yuan rose slightly against the dollar on Monday, buoyed by corporate dollar sales ahead of a key US-China dialogue, but gains were capped by a weaker midpoint, traders said.Spot yuan stood at 6.2005 per dollar by midday, up 0.08 percent from Friday's close, although the People's Bank of China (PBOC) set its midpoint at 6.1658, 0.03 percent softer than Friday."Corporate sales rose ahead of the US-China Strategic and Economic Dialogue," said a trader ...
Dollar stays firm in the wake of jobs-inspired rally SINGAPORE/SYDNEY: The dollar edged higher on Monday and touched its highest level in more than a week versus a basket of major currencies, staying on firm footing in the wake of last week's solid US jobs data. The dollar index rose 0.2 percent to 80.340. It touched a high of 80.351 earlier on Monday, its highest level since June 26.The greenback held steady versus the yen near 102.14 yen , after having risen 0.7 percent ...
South Korea won ticks lower from 6-year peak; stocks edge down SEOUL: The South Korean won eased slightly against the dollar on Monday morning, retreating from six-year highs as investors waited for any possible changes in the country's monetary and fiscal policies later this week.The local currency was quoted at 1,010.0 versus the dollar as of 0205 GMT, down 0.1 percent from Friday's onshore close at 1,008.9.Dealers and analysts pointed to a parliamentary appearance of a nominee finance minister on Tuesday and a Bank of Korea ...
Indian rupee sees biggest weekly gain in 1-1/2 months MUMBAI: The Indian rupee was little changed on Friday as caution set in ahead of Prime Minister Narendra Modi's maiden budget, although the currency posted its biggest weekly gain in 1-1/2 months on strong foreign inflows. The Reserve Bank of India was also spotted buying dollars, continuing its pattern of intervention to prevent the rupee from gaining sharply as strong foreign flows helped send the NSE index to its record high for a third straight ...


Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
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WeeklyJuly 10, 2014
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