08 Sep Sri Lankan rupee recovers from 7-month closing low; stocks rise
** Sri Lanka’s rupee closed
higher on Monday from its lowest level in more than seven months
hit in the previous session after foreign fund outflows from
government securities showed a declining trend, while stocks
rose for the first time in four sessions.
** The rupee ended 0.2% firmer at 180.40/60 per dollar,
edging up from its lowest since Jan. 28 that was hit on Friday.
It closed at 180.80/181.00 on Friday. The currency is up 1.2%
this year.
higher on Monday from its lowest level in more than seven months
hit in the previous session after foreign fund outflows from
government securities showed a declining trend, while stocks
rose for the first time in four sessions.
** The rupee ended 0.2% firmer at 180.40/60 per dollar,
edging up from its lowest since Jan. 28 that was hit on Friday.
It closed at 180.80/181.00 on Friday. The currency is up 1.2%
this year.
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