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Sri Rohana Tsunami AID HORATA Jayaweewa!!
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Sri Rohana MR 10% ta Jayaweewa!!

http://asia.news.yahoo.com/070918/3/381pe.html

[S.Lanka rupee at 5th straight low, shares fall
COLOMBO, Sept 18 (Reuters) - Sri Lanka`s rupee weakened to a fifth straight closing life low on Tuesday amid high importer demand for dollars to settle trade bills, while stocks fell as small investors sold select blue chip shares, dealers said.
The rupee closed at 113.57/113.62 per dollar, surpassing the previous all-time low of 113.48/113.54 hit on Monday.

`Importers bought dollars to settle trade bills while some banks bought for short-covering,` a currency dealer said.

Some analysts expect the rupee to continue to depreciate to as much as 118-120 per dollar by the end of the year. Others are eyeing 114 per dollar.

The six-month forward rate stood at 121.10/121.20 rupees per dollar.

The rupee has depreciated 5.76 percent so far this year, after weakening by around 5 percent in 2006.
]

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