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(AFX UK Focus) 2010-03-11 05:31 UPDATE 1-Sri Lanka rupee hits 1-yr high on trading band move (Inte

Mar 11, 2010 12:58:30 AM - yahoo.com
COLOMBO, March 11 (Reuters) - The Sri Lanka rupee hit a one-year high on Thursday as a state bank, through which the central bank directs the market, reduced its dollar trading band, currency dealers said. The rupee hit 113.95/114.05 in early trade, its highest since March 24 last year, Reuters data shows. The dollar trading band, not a formal band but one which is decided by the central bank ...