Sri Lankan rupee strengthens vs dollar
Colombo - Arabstoday
Sri Lanka’s rupee currency, which had an all-time closing low on Tuesday, initially weakened further on Wednesday but then strengthened as state banks sold dollars. The rupee was trading at 119.80/120.00 to the dollar, compared with on Tuesday’s close of 120.20, after a day of heavy forward bookings of dollars by importers. The currency has been volatile since the central bank on Feb.9 stopped intervening in the foreign-exchange market to defend a specific level. Three dealers said that on Thursday, the rupee was traded as weekly as 120.90 rupees in early trade, then strengthened to 119.80 on sales of dollars by state banks.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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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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