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Sugar dips on rains in Brazil; cocoa firms LONDON: London sugar futures dipped on Thursday as rains in top grower Brazil were expected to help development of next year's crop, while cocoa firmed and robusta coffee steadied in light volumes as U.S. markets were shut.Trading volumes were thin across soft commodities during the U.S. Thanksgiving Day holiday on Thursday, when U.S. commodity and energy futures and options markets were closed.London white sugar futures dipped in light volumes as dealers focused on recent rains in Brazil and on the start of harvests in Asia."I think we're stuck in this range," Michael Liddiard of consultancy Agrilion said."The market is focused on the start of harvests in India and Thailand and the weather in Brazil from now until early next year, before the start of the next harvest in the centre-south around April."London March white sugar eased by $2.80, or 0.7 percent, to $415.90 per tonne at 1409 GMT.Second month May ...

Gold eases as dollar strengthens, fund outflows resume LONDON: Gold eased on Thursday, hurt by gains in the dollar index and fresh outflows from bullion-backed funds, with traders cautious ahead of a U.S. holiday and this weekend's Swiss referendum on central bank bullion assets.Spot gold was down 0.2 percent at $1,195.60 an ounce at 1100 GMT, while U.S. gold futures for December delivery were down $2.30 an ounce at $1,194.30.The dollar climbed against a basket of currencies, with the euro falling against the ...
Copper steady after China easing, euro zone sentiment rise LONDON: Copper and other base metals were steady on Thursday, supported by monetary easing in top consumer China and an uptick in economic sentiment in Europe.China's central bank refrained from draining funds from the money market on Thursday, the first time it held off from open market operations in four months. That followed on the heels of its interest rate cut and efforts to reduce funding pressure on Chinese companies to support the cooling economy.Also ...
Gold slips as ECB stimulus talk benefits dollar LONDON: Gold fell on Wednesday as the dollar rose against the euro on the prospect of more stimulus from the European Central Bank, but moves remained muted as physical demand lent support. The euro eased after European Central Bank vice president Vitor Constancio said the bank will be able to gauge in the first quarter of 2015 whether it needs to start buying sovereign bonds. Recent strong US economic data has fuelled talk that the ...
Copper falls to three-week low on demand worries LONDON: Copper fell to a three-week low on Wednesday on the outlook for demand from top consumer China where economic growth has been slowing. Three-month copper on the London Metal Exchange (LME) fell to its lowest since Nov 5 at $6,558 a tonne in intraday trade, before slightly paring losses to trade at $6,570 a tonne at 1138 GMT, down 0.5 percent. Volumes fell ahead of the Thanksgiving Day holiday in the United States and ...
Arabica coffee prices slip in technically-driven trade LONDON: Arabica coffee futures on ICE dipped on Tuesday with the market driven largely by technical trading while sugar edged higher and cocoa was little changed.March arabica coffee futures on ICE was down 1.65 cents or 0.9 percent at $1.8885 per lb by 1230 GMT, drifting towards support at a recent low of $1.8540 set two weeks ago.Dealers said the market remained choppy, awaiting more clarity on the outlook for Brazil's 2015/16 harvest."I think the ...
Copper slips as demand worries persist despite China easing LONDON: Copper slipped on Tuesday as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant improvement in demand.Three-month copper on the London Metal Exchange (LME) traded down 0.31 percent at $6,654 a tonne in official midday rings. It touched a three-week high of $6,772.50 on Friday after China cut benchmark interest rates in a bid to jumpstart the economy.On Tuesday, China's central bank lowered the yield for ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln