Asia shares gain, Mexican peso jumps as markets lengthen odds on Trump

  SYDNEY, Oct 10 (Reuters) – Asian shares crept higher and the Mexican peso jumped on Monday as odds of a victory by Republican nominee Donald Trump for the U.S. presidential bid widened just hours before a debate with Democratic candidate Hillary Clinton. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 percent, […]

Sri Lanka foreign reserves drops USD154mn in Sept: Central Bank

Oct 08, 2016 (LBO) – Sri Lanka’s official reserves dropped 153.8 million US dollars to 6.5 billion dollars in September, down from 6.6 billion dollars at the end of August, official Central Bank data showed. Foreign currency reserves were 5.4 billion US dollars, and reserves in Gold were 0.95 billion US dollars. The Central Bank’s […]

South Korea, Sri Lanka seeks strengthening national defence coop.

A top level delegation headed by the President of the Korea National Defence University (KNDU), Lieutenant General Seung Ho Wee, visited Sri Lanka from October 2nd to 5th. On Monday October 3rd, the delegation paid a courtesy call on the State Minister of Defence Hon. Ruwan Wijewardena and Secretary to the Minister of Defence Eng. […]

Sri Lankan rupee down on importer dollar demand; cenbank caps fall

COLOMBO, Oct 7 (Reuters) – The Sri Lankan rupee fell on Friday due to importer dollar demand while moral suasion by the central bank on the spot-currency trade forced banks to deal in spot-next, dealers said. “Banks did not trade the spot rupee below 146.85 because of moral suasion,” a currency dealer said, asking not […]

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