ECONOMYNEXT – Sri Lanka’s central bank has begun to quote a daily guidance middle rate of 360 rupees for the spot US dollar under a process started on May 13, which is set substantially below the market rate. Banks could quote 2.60 rupees plus or minus under the new direction. The cen...
Shares rose globally on Friday as expectations grew of a Democratic victory in U.S. elections next month that could lead a big economic stimulus. Canada sends about 75% of its exports to the United States, including oil, which gave back some of this week's strong rally after ...