Sri Lankan rupee slips, CB expects stability
Colombo - Arabstoday
Sri Lanka’s rupee closed a tad weaker on Wednesday in spite of a state bank’s dollar sales and a central bank forecast of a firmer rupee in the coming weeks due to dollar inflows. The rupee closed at 130.25/130.50 a dollar, weaker than on Tuesday’s close of 129.90/130.00. It hit a record low against the dollar of 131.60 on Monday mainly due to importer demand for greenbacks for the forthcoming April festive season. Three currency dealers said a state bank sold dollars at 131 to keep the rupee stable. However, state-run Bank of Ceylon, through which the central bank usually directs the market, said the dollar sale was from worker remittances.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
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Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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