Post Tagged with: "Sri Lanka rupee"

Sri Lanka graphite mine hit by forex loss

Sri Lanka graphite mine hit by forex loss

(Srilankamirror) – Bogala Graphite Lanka Plc, a mine controlled by Germany’s Graphitewerk Kropfmuhl lost 15 million rupees in the March 2012 quarter, from a year earlier as it was hit by forex loss, interim accounts showed.

Sri Lanka rupee weak, money markets liquid

Sri Lanka rupee weak, money markets liquid

(Srilankamirror) – Sri Lanka’s currency weakened Monday to above 131 rupees to US dollar after opening at 129.90/130.20 levels against the US dollar in the spot market while money markets were liquid, dealers said.

Lanka’s rupee weakens in mid-morning trade

Lanka’s rupee weakens in mid-morning trade

(Srilankamirror) – The Sri Lanka rupee opened firmer against the US dollar but weakened in mid-morning trade today (Mar. 22). There is no sign of intervention by state banks to support the currency, dealers said. The spot rate was 130.15 / 130.30 against the green back with the local currency having opened at 129.90 / [...]

New low for Sri Lanka rupee

New low for Sri Lanka rupee

(Srilankamirror) – In a new historic low for the Sri Lanka rupee, the local currency was quoted at 123.45/60 against the US dollar in late trading today (Mar. 13). According to dealers, the Sri Lanka rupee opened around 121.80 to the US dollars. Analysts had warned that continued liquidity injections in to money markets to [...]