FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


Latest topics

» New Commodity bubble. How will it impact the CSE?
by CHRONICLE™ Today at 8:53 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Captain Today at 8:51 am

» MELSTACORP PLC (MELS.N0000)
by engineer Today at 7:29 am

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by dayandacool Today at 2:43 am

» R I L PROPERTY PLC (RIL.N0000)
by SAGA Yesterday at 9:57 pm

» Dividend - July/August
by High-flyer Yesterday at 9:41 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by madukp Yesterday at 9:08 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:08 pm

» Directors' Dealings 21/06/2021
by SAGA Yesterday at 8:25 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by rukshan1234 Yesterday at 8:14 pm

» Top Foreign Trading today - 21/06/2021
by SAGA Yesterday at 8:02 pm

» Crypto , Digital Currency Trading , Forex
by RJ1010 Yesterday at 1:58 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by engineer Yesterday at 7:07 am

» Investing in Sri Lanka in ‘The New Normal’ - Nimal Perera
by ChooBoy Sun Jun 20, 2021 10:31 pm

» Who will be the Owner of Dividend after DVP?
by Mr. X Sun Jun 20, 2021 6:12 pm

» DVP යනු කුමක්ද? Explained
by samaritan Sun Jun 20, 2021 1:23 pm

» How to toggle between mobile and web versions of FC
by CHRONICLE™ Sun Jun 20, 2021 10:36 am

» I have 5 Million Cash To Invest in CSE
by chandike73 Sun Jun 20, 2021 8:42 am

» අයියෝ පෑන් ඒෂියා
by CHRONICLE™ Sun Jun 20, 2021 12:40 am

» කොටස් වෙළදපොල සිංහලෙන්
by CHRONICLE™ Sun Jun 20, 2021 12:35 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Rupee falls to new low despite claw-back

Rupee falls to new low despite claw-back

Go down  Message [Page 1 of 1]

1Rupee falls to new low despite claw-back Empty Rupee falls to new low despite claw-back Sat Jun 15, 2013 3:05 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
The rupee fell to a new six month low against the greenback on Friday and the Colombo Stock Exchange ended the week on a positive note.

The rupee closed at Rs. 128.60/70 against the greenback after hitting an intraday high of Rs. 129.

"We saw state-names operating in the market which saw the rupee gain some ground after reaching the Rs. 129 mark against the dollar, we are not certain whether it is Central Bank intervention or not," a currency dealer said. The rupee opened on a six month low at Rs. `128.00/10.

State-names, or state banks, are the usual proxies for Central Bank intervention in the foreign exchange market. Dollar sales keep the rupee stronger.

A little intervention is alright just to maintain some stability, but it should not be used as a policy tool or the country could as well head for another balance of payments problem, currency dealers said.

The Colombo bourse closed the week on a positive note with All Share Price Index closing 0.18 percent higher and foreign investors becoming net sellers for the second time this week.

The main index gained 11.52 points before closing at 6,219.39 and the S&P SL20 closed 0.15 percent, up 5.26 points at 3,504.35.

Foreign selling amounted to Rs. 241.6 million leading to a net outflow of Rs. 81.9 million.

Turnover picked up to Rs. 577.23 million from Rs. 480.1 million the previous day.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=81266

econ

econ
Global Moderator
http://www.brecorder.com/business-a-finance/banking-a-finance/123792-sri-lanka-central-bank-intervenes.html

kabba said that they have intervened the market due to unnecessary speculation.

Back to top  Message [Page 1 of 1]

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