Asian shares were trading higher on solid U.S. growth and accommodative economic policy in major markets, media reports said. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4 percent to 427.83. Japan’s Nikkei gained 1 percent. Australian stocks added 0.3 percent and South Korea’s Kospi rose 0.6 percent. New Zealand shares were little changed with the Shanghai advancing 0.3 percent. MSCI’s broadest gauge of the world’s stock markets has recovered all the losses after Britain’s referendum to hit its highest level in over a month, the report said.
USD/LKR 1wk fwd closed at 146.30/40 weaker than Monday’s close of 146.20/50. It traded at 146.67 per dollar intraday. Dealers said that the rupee ended weaker on Tuesday on a lack of exporter dollar conversions and as foreign investors cut down on rupee bond buying in favour of a new higher-yielding sovereign dollar bonds.
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