Archive for the January 8, 2019
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The Sri Lankan rupee recovered further on Monday, after hitting a record low in the previous week, helped by mild dollar inflows. The rupee ended at 182.30/40 on Monday, compared with 182.60/80 in the previous
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Emerging Asian currencies strengthened across the board on Monday as the dollar retreated following comments by Federal Reserve Chairman Jerome Powell that boosted risk appetites. Powell on Friday said the Fed is not on a
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China's annual foreign exchange reserves fell for the third time in four years in 2018 as the yuan came under strong selling pressure from the cooling economy and escalating Sino-US trade tensions. Depreciation pressure on
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Sterling rose to a one-week high on Monday as traders prepared for Britain's parliament to reconvene this week and debate Prime Minister Theresa May's Brexit withdrawal agreement. The pound's strength - as high as $1.2787,
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The chief of Brazil's environmental protection agency resigned on Monday after the new government led by far-right President Jair Bolsonaro - a critic of its treatment of mining and farm interests - raised questions over
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Gunmen opened fire in a crowded bar in the Mexican resort city of Playa del Carmen, killing seven people, authorities and media reports said Monday, in the latest violence to rock the country's tourist-magnet beaches.
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A special North Korean train entered China late Monday, Yonhap news agency reported, raising speculation that leader Kim Jong Un could be on his way to Beijing. The train crossed the border around 10.15 pm
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Thousands in northeastern India protested Monday against a proposal to grant citizenship to religious minorities in the region, except Muslims, with critics attacking the bill as prejudiced and a sop to Hindus before elections. Protesters
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Sheikh Hasina was sworn in as Bangladesh's prime minister for a record fourth term Monday after a crushing election victory marred by deadly violence and claims of widespread rigging. Hasina, 71, has presided over record
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Dozens of trucks took part in a government exercise Monday for coping with possible Channel gridlock caused by a no-deal Brexit, assembling on a disused airport runway that could be turned into a giant lorry
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