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Sri Lanka shares end higher as industrials, financials rise

Sri Lankan shares closed higher on Friday, aided by a gain in industrials and financials stocks.

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EMERGING MARKETS-Stocks, FX rally; Pakistan dollar bonds jump on IMF nod to bailout

Emerging market stocks rallied on Thursday with the dollar taking a hit on growing bets of an imminent end to the U.S. rate-hiking cycle, while Pakistan dollar bonds jumped after the International Monetary Fund cleared a $3 billion bailout.

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EMERGING MARKETS-Stocks, FX gain as dollar dips ahead of US inflation data

Most emerging markets' currencies and stocks gained on Wednesday against a weak dollar, with traders awaiting a crucial U.S. inflation reading to determine whether the Federal reserve is at the end of its rate hike cycle.

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ANALYSIS-Yellen's China trip yields long meetings, 'cordial' tone, but no consensus

U.S. Treasury Secretary Janet Yellen went to Beijing with no expectations that meetings with China's new top economic officials would immediately ease tensions between the world's two largest economies.

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Russia's Sberbank CEO says rouble not at optimal level, needs to strengthen

German Gref, CEO of Russia's dominant lender Sberbank, on Thursday said the rouble was not at an optimal level and needed to strengthen, the RIA news agency cited him as saying.

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UPDATE 1-Romania central bank holds benchmark rate steady as expected

Romania's central bank kept its benchmark interest rate unchanged at 7.00% as expected on Wednesday and maintained a forecast for inflation to ease back to a single-digit rate during the third quarter.

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Paraguay issues $500 mln in 10-year sovereign bonds

Paraguay issued $500 million in 10-year sovereign bonds on Wednesday, the finance ministry said in a statement.

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ANALYSIS-Dollar drought haunts frontier economies

As Pakistan spiralled into crisis this year, Wilson Muthaura pressed its government to put the tea Kenya's KTDA co-operative produces 3,400 miles away on a list of essentials that would grant importers access to precious U.S. dollars.

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UPDATE 1-Pakistan dollar bonds jump after parliament approves revised budget

Pakistan's sovereign dollar-denominated bonds jumped on Monday after its parliament approved a revised budget in a last ditch bid to clinch a deal with the International Monetary Fund (IMF).

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Nigeria amasses $3 billion debt to traders for oil swaps - sources

Nigeria has accumulated up to $3 billion in debts to trading houses such as Vitol and oil majors such as BP for fuel supplies and is trailing four to six months behind schedule in repaying them with cargoes of crude, four traders and executives told Reuters.

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