Sri Lankan rupee hits record low of 123.20
Colombo - Arabstoday
Sri Lanka’s rupee hit a new record low of 123.20 on Tuesday on importer dollar demand, but a state bank sold greenbacks to reverse the drop in an apparent break with the central bank’s new policy not to intervene at a specific price, dealers said. “A state bank sold dollars at 123.00 and gradually brought down the level to 121.00,” a currency dealer said on condition of anonymity. Three other dealers confirmed the move. Some dealers said the central bank has asked currency dealers to bring the trading level to 121.00 via moral suasion, a method of coercing the market to move in line with the monetary authority’s desires without direct force.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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