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Sri Lankan rupee, stocks fall on political, economic policy woes COLOMBO: Sri Lankan rupee forwards traded weaker for a fifth straight session on Thursday on importer dollar demand while exporters stayed on the sidelines on fears of possible depreciation, though the central bank capped the fall, dealers said.Actively traded four-day forwards fell 0.23 percent to 133.25 before the central bank prevented a further decline via moral suasion. The four-day forwards were traded at 132.95/133.20 per dollar by 0837 GMT, compared with Wednesday's close of 132.95/133.05.Dealers expect the rupee to depreciate to 135 in the near future, either due to a policy decision in the budget or if the central bank allows it to fall gradually by stopping intervention.Exporters are waiting for clarity on economic policy from President Maithripala Sirisena's new government ahead of a scheduled interim budget on Jan. 29, dealers said.Sirisena, who announced an interim cabinet on Jan. 12, said he would carry out reforms to fight corruption in ...

Euro under pressure in Asia ahead of ECB meet TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where policymakers are widely expected to launch a huge bond-buying programme to kickstart the eurozone economy.The single European currency fetched $1.1599 and 137.02 yen in Tokyo afternoon trade, compared with $1.1607 and 136.85 yen in New York late Wednesday.The dollar rose to 118.13 yen from 117.90 yen after the Bank of Japan (BoJ) on Wednesday slashed ...
Euro under pressure in Asia ahead of ECB meet TOKYO: The euro struggled against the dollar in Asia on Thursday as traders await a European Central Bank meeting where policymakers are widely expected to launch a huge bond-buying programme to kickstart the ailing eurozone economy.The single European currency fetched $1.1604 and 137.22 yen at midday in Tokyo, mixed from $1.1607 and 136.85 yen in New York.The dollar rose to 118.29 yen against 117.90 yen in US trade, after the Bank of Japan (BoJ) on ...
Kenyan shilling inches down as market anticipates dollar demand from importers NAIROBI: The Kenyan shilling edged down against the dollar on Tuesday in anticipation of increased demand for US currency from importers towards the month end.At 0720 GMT, commercial banks posted the shilling at 91.60/70 per dollar, slightly weaker than the previous day's close of 91.55/65."As we head towards the end of the month, there will be a gradual uptick of demand (for dollars)," said Chris Muiga, a trader at National Bank.Importers of refined petroleum products ...
Yen slips in Asia following China data TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while the euro struggled against the dollar on expectations for more European Central Bank stimulus.In Tokyo, the dollar rose to 118.30 yen against 117.53 yen in London on Monday, while the euro edged up to 136.98 yen from 136.69 yen.The single currency weakened to $1.1577 from $1.1630.Official data Tuesday showed China's economy -- the world's second biggest -- ...
Yen slips in Asia following China data TOKYO: The yen slipped in Asia on Tuesday as confidence was boosted by better-than-expected Chinese growth data, while the euro struggled against the dollar on expectations for more European Central Bank stimulus.In Tokyo, the dollar rose to 118.21 yen against 117.53 yen in London on Monday, while the euro edged up to 136.88 yen from 136.69 yen.The single currency weakened to $1.1579 from $1.1630.Official data Tuesday showed China's economy -- the world's second biggest -- ...
Yuan leads Asia FX losses, ringgit falls despite Malaysia's policy change plan SEOUL: China's yuan led losses among emerging Asian currencies on Monday as local stocks collapsed after regulators cracked down on credit products and the central bank set its midpoint weaker.The yuan fell as shares tumbled after the securities regulator barred three major brokerages from opening new margin trading accounts for clients for three months.Malaysia's ringgit eased despite the fact that Prime Minister Najib Razak will announce policy changes, including possible budget revisions, on Tuesday to ...

 



 
Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
Arrow DAX 10,649.58 2.05
Arrow CAC-40 4,640.69 1.93
Arrow Nikkei 17,511.75 1.05
Arrow H.Seng 24,850.45 1.34
Arrow Sensex 29,278.84 0.94






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln