Most Asian currencies traded sideways on Wednesday after Federal Reserve Chairman Jerome Powell reiterated the US central bank's shift to a more "patient" monetary policy as the world's biggest economy slows. Powell on Tuesday told

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Sri Lankan rupee ended at 179.85/95 per dollar on Wednesday, compared with Tuesday's close of 179.80/90. The rupee has climbed 1.5 percent so far this year as exporters converted dollars and foreign investors purchased government

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Sterling extended this week's gains on Wednesday as investors bet that a no-deal Brexit was less likely and that Britain's departure from the European Union would be delayed. With the risk of no deal apparently

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Above average rains last week in most of Ivory Coast's cocoa growing regions were expected to boost the development of the April-to-September mid-crop, farmers said on Monday. Ivory Coast, the world's top cocoa producer, is

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On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,701. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.423 billion and the number of lots traded 11,125. Major

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Chicago Board of Trade (CBOT) corn futures fell on Tuesday, following wheat lower for a second consecutive session and as investors awaited further details on a US-China trade deal. CBOT May corn fell 4 cents

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European wheat prices fell for a second day to hit a new 7-month low on Tuesday amid a lack of supportive fundamental news and some liquidation of positions, traders said. Benchmark May milling wheat on

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Chicago Board of Trade (CBOT) soyabean futures fell steeply on Tuesday as an advancing harvest in Brazil increased global supplies and as investors awaited confirmation that China was buying US soyabeans. CBOT May soyabeans ended

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Chinese iron ore futures hit their lowest in more than three weeks on Tuesday following news that Brazil's average daily exports of the steel-making raw material this month outpaced shipments a year earlier, despite last

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The Karachi Port handled 146,768 tonnes of cargo comprising 88,058 tonnes of import cargo and 58,710 tonnes of export cargo including 5,548 loaded and empty containers during the last 24 hours ending at 0700 hours

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