Tuesday, July 5, 2016

Sri Lanka *market update* USD/LKR 1wk fwd 147.00/20, ASPI trading up 0.3-pct

USD/LKR one week forward quoted at 147.00/20 after Monday’s close of 147.10/20.  Both spot rupee and spot-next were not quoted, dealers said.The rupee edged up in one-week forwards on Tuesday, as dollar sales by a foreign bank outpaced mild importer demand for the greenback, they said. ” The central bank did not intervene for the second straight session since the appointment of the new central bank governor, Indrajith Coomaraswamy.”

The Sri Lankan stock index was up 0.26 percent at 6,271.09 on a turnover of 148.4 million rupees ($1.01 million

 

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