The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» EAST WEST PROPERTIES PLC (EAST.N0000)
Rupee extends recovery ahead of rate decision; stocks down EmptyToday at 11:51 am by yellow knife

» HASU.N0000 (HNB ASSURANCE PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyToday at 10:32 am by yellow knife

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyYesterday at 8:09 pm by PANTOMATH

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Rupee extends recovery ahead of rate decision; stocks down EmptyYesterday at 6:33 pm by hammurabi

» Thread for News on CSE and SL Economy
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 16, 2019 6:52 pm by NIRMALSG

» Dividend Announcement
Rupee extends recovery ahead of rate decision; stocks down EmptySat Apr 13, 2019 10:53 pm by nihal123

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» Thread for News on Local and Foreign Politics
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 09, 2019 11:25 am by Ethical Trader

» අනං මනං! #/+?.<>
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 08, 2019 7:23 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 08, 2019 6:07 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
Rupee extends recovery ahead of rate decision; stocks down EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 05, 2019 12:36 pm by Ethical Trader

» Micro Finance
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 05, 2019 12:14 pm by yellow knife

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Apr 05, 2019 7:40 am by serene

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Rupee extends recovery ahead of rate decision; stocks down EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Rupee extends recovery ahead of rate decision; stocks down EmptyWed Apr 03, 2019 3:40 pm by catseye

» SAMP.N0000 (SAMPATH BANK PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 02, 2019 11:23 am by Backstage

» LIOC.N0000 (Lanka IOC PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 02, 2019 11:15 am by LSE

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Apr 02, 2019 11:11 am by Backstage

» Plantation sector updates
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 01, 2019 2:13 pm by nihal123

» What to Analyse
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 01, 2019 8:00 am by yellow knife

» MTD WALKERS - KAPI
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Apr 01, 2019 5:01 am by NIRMALSG

» VONE.N0000 (VALLIBEL ONE PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptySun Mar 31, 2019 6:09 pm by lanka

» In the Meantime, Within Our Shores !
Rupee extends recovery ahead of rate decision; stocks down EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Mar 29, 2019 5:33 pm by yellow knife

» Obituary Notice.
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Happy Birthday
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Mar 29, 2019 9:58 am by Backstage

» Re: Financial reports Q1-2019
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
Rupee extends recovery ahead of rate decision; stocks down EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
Rupee extends recovery ahead of rate decision; stocks down EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
Rupee extends recovery ahead of rate decision; stocks down EmptyMon Mar 25, 2019 5:47 pm by NIRMALSG

» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
Rupee extends recovery ahead of rate decision; stocks down EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

» රෝගීන් වෙනුවෙන් කැප වන සෞඛ්‍ය සේවාවක් වෙනුවෙන්.....
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Mar 19, 2019 9:34 am by AjithR

» JEWS OF SRI LANKA: AN UNTOLD STORY
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Mar 19, 2019 9:22 am by කිත්සිරි ද සිල්වා

» How Small We are in the universe
Rupee extends recovery ahead of rate decision; stocks down EmptyTue Mar 19, 2019 7:29 am by nihal123

» ඉස්සරහට අපි පරදින එකනම් ෂුවර් – ධම්මික ක්‍රිකට් ගැන කතා කරයි
Rupee extends recovery ahead of rate decision; stocks down EmptyFri Mar 15, 2019 2:59 pm by nuwanmja

» HAYL.N0000 Hayleys PLC
Rupee extends recovery ahead of rate decision; stocks down EmptyThu Mar 14, 2019 2:46 pm by yellow knife

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptySun Mar 10, 2019 8:36 pm by NIRMALSG

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
Rupee extends recovery ahead of rate decision; stocks down EmptySun Mar 10, 2019 6:40 am by ruwan326

April 2019
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
282930    

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Rupee extends recovery ahead of rate decision; stocks down

Go down

Rupee extends recovery ahead of rate decision; stocks down Empty Rupee extends recovery ahead of rate decision; stocks down

Post by nihal123 on Tue Oct 02, 2018 11:02 am

Reuters: The Sri Lankan rupee closed firmer on Monday, further recovering from a record low touched last week as banks sold dollars ahead of the central bank’s monetary policy meeting while shares fell for a third straight session to hit a four-and-a-half-year low amid foreign outflows.

On Friday, the rupee touched its all-time low of 169.40 per dollar on importer demand for the greenback and foreign selling in government securities, but intervention by the central bank helped the currency close firmer, market sources said.

Sri Lanka’s Central Bank is expected to raise its key interest rates on Tuesday, a Reuters poll showed, to prop up the rupee amid foreign outflows from government bonds and after the US Federal Reserve raised rates last week.

The rupee ended at 168.90/169.00 per dollar, compared with the previous close of 169.15/30.

The rupee weakened 4.7% in September against the dollar after a 1.2% drop in the previous month, and has declined 10.2% so far this year.

The Colombo stock index fell 0.76% to 5,817.54, its lowest close since 18 Dec 2013. The bourse fell 3.6% last month and is down 8% so far this year.

Data from the Central Bank showed foreign investors sold government securities worth a net Rs. 10.2 billion ($60.36 million) in the week ended 26 September, the highest since the week to 6 December. Sri Lanka has suffered a net outflow of Rs. 72.5 billion in securities so far this year.

Stock market turnover was Rs. 177.1 million ($1.05 million) on Monday, its lowest close since 6 September and less than a third of this year’s daily average of Rs. 784.4 million.
nihal123
nihal123
Top contributor
Top contributor

Posts : 5448
Join date : 2014-02-24
Age : 53
Location : Waga

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum