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Sri Lanka central bank profits rise to Rs63bn in 2020

Sri Lanka s central bank has earned profits of Rs63.4 billion rupees in 2020, in cash and depreciation gains after providing for 6.8 billion rupees in staff benefits, official data showed. ....

Sri Lanka , Real Effective Exchange Rate , Deputy Governors , ஸ்ரீ லங்கா , ரியல் பயனுள்ள பரிமாற்றம் ரேட் , துணை கவர்னர்கள் ,

FDC: Ending FX Sale to BDCs Disrupts 'Juiciest Economic Racket'


• Naira depreciates to N525 on parallel market, stable on I & E window
Obinna Chima and
Nume Ekeghe
By putting an end to the sale of foreign exchange (FX) to Bureau De Change (BDC) operators, Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has “disrupted one of the juiciest gravy trains in the Nigerian economic racket,” Financial Derivatives Company Limited (FDC) has stated.
However, the naira depreciated to N525 to a dollar yesterday on the parallel market, lower than the N505 to a dollar it traded on Tuesday after the central bank announced its discontinuation of FX sale to BDCs. But on the Investors and Exporters’ (I & E) window, the naira exchange rate against the dollar closed at N411.60 to a dollar at the close of market yesterday, compared with the N411.50 to a dollar it closed the previous day. ....

Abuja Federal Capital Territory , Adetilewa Adebajo , Nume Ekeghe , Obinna Chima , Godwin Emefiele , Bureau De Change , Governor Of Central Bank , Real Effective Exchange Rate , Monetary Policy Committee , Financial Derivatives Company Limited , Says Nigeria , Central Bank , Derivatives Company Limited , Bismarck Rewane , Chief Executive Officer , கூட்டாட்சியின் மூலதனம் பிரதேசம் , ஓபின்ன சிமா , பணியகம் டி மாற்றம் , கவர்னர் ஆஃப் மைய வங்கி , ரியல் பயனுள்ள பரிமாற்றம் ரேட் , பண பாலிஸீ குழு , நிதி வழித்தோன்றல்கள் நிறுவனம் வரையறுக்கப்பட்டவை , என்கிறார் நைஜீரியா , மைய வங்கி , வழித்தோன்றல்கள் நிறுவனம் வரையறுக்கப்பட்டவை , தலைமை நிர்வாகி அதிகாரி ,

Rupee appreciates


Rupee appreciates
July 27, 2021
KARACHI: The rupee posted gains on Monday on the back of higher inflows and slow demand for dollars, with dealers expecting the local unit to stay steady in the coming days.
In the interbank market, the rupee closed at 161.23 per dollar, up from 162.32 on Friday. It appreciated by Re1 or 0.68 percent. The rupee ended at 161.50 to the dollar, unchanged from the previous close in the open market.
“Dollar demand from importers was not higher today. Supplies were healthy so the rupee strengthened against the greenback,” said a foreign exchange dealer. “Inflows from remittances and export receipts started materialising, which supported the local unit.” ....

Real Effective Exchange Rate , Middle Eastern , State Bank , ரியல் பயனுள்ள பரிமாற்றம் ரேட் , நடுத்தர கிழக்கு , நிலை வங்கி ,

Rupee likely to weaken further


Rupee likely to weaken further
July 25, 2021
KARACHI: Rupee would likely continue to trade under pressure next week on account of high demand for hard currency and diminished supply, while US dollar appreciation against the basket of major currencies would also weigh down the local unit.
The rupee saw two sessions of volatility and plunges this week fuelled by higher imports, spike in international commodity prices, and deteriorating current account balance. Traders did not hold their breath ahead of a closely-watched monetary policy meeting scheduled by the State Bank next week.
Domestic currency fell by 0.52 percent to 162.32 versus the greenback in the interbank market. ....

United Kingdom , Real Effective Exchange Rate , Federal Reserve , State Bank , Temporary Economic Refinance Facility , Dollar Index , ஒன்றுபட்டது கிஂக்டம் , ரியல் பயனுள்ள பரிமாற்றம் ரேட் , கூட்டாட்சியின் இருப்பு , நிலை வங்கி , தற்காலிகமானது பொருளாதார மறுநிதியளிப்பு வசதி , டாலர் குறியீட்டு ,