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Turkey buys 200,000 T milling wheat in tender PARIS: Turkey's state grain agency TMO has purchased 200,000 tonnes of milling wheat in an international import tender for the same volume which closed on Tuesday, European traders said on Wednesday.TMO bought 75,000 tonnes of wheat with a 12.5 percent protein level at prices ranging from $259.75 to $262.25 a tonne, cost and freight included, they said.It also purchased 125,000 tonnes of wheat with 13 percent protein at prices from $265.90 to $272.75 C&F.The grains will be shipped to a range of Turkish ports.Turkey has been affected by the Middle East's driest winter in several decades, which reduced crop yields and also threatens to worsen food security in its war-torn neighbour Syria. Copyright Reuters, 2014 ...

EU wheat rises after news Egypt bought French wheat PARIS: European wheat edged higher on Tuesday, helped by Egypt's purchase of French wheat in its latest tender.By 1457 GMT November wheat on the Paris-based Euronext futures was 0.50 euro or 0.3 percent higher at 162.00 euros a tonne.The contract had been in negative territory before the results of the tender, reacting to a fall on US wheat markets to contract lows.Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Tuesday ...
Sugar steadies above more than 4-year low LONDON: ICE raw sugar steadied on Tuesday above the previous session's more than four-year low as ample supplies and large global stocks weighed.Arabica coffee edged lower, while ICE cocoa held above a three-month low.Dealers said raw sugar futures continued to look vulnerable to further losses ahead of the October contract expiry due to the lack of demand.ICE October raw sugar futures edged up 0.07 cents, or 0.5 percent, to 13.74 cents a lb at 1313 ...
Gold steadies before Fed meeting, US rate outlook eyed LONDON: Gold steadied on Tuesday ahead of a Federal Reserve policy meeting, remaining near an eight-month low, with investors unwilling to place big bets as they awaited clues on the timing of the first U.S. rate rise in eight years.The Fed will begin its two-day meeting later in the day, with an announcement scheduled for Wednesday. Some analysts believe the Fed could signal it may begin raising rates sooner than mid-2015, the current consensus target.Any ...
Sugar steadies above 4-year low, ample supply weighs LONDON: ICE raw sugar steadied on Tuesday above the previous session's more-than four-year low, capped by ample supplies and large global stocks.Arabica coffee edged higher, while ICE cocoa held above a three-month low.Dealers said raw sugar futures continued to look vulnerable to further losses ahead of the October contract expiry due to a lack of demand.ICE October raw sugar futures were unchanged at 13.67 cents a lb at 1400 GMT, having dipped to 13.52 cents ...
Gold edges up before Fed meeting, US rate outlook eyed LONDON: Gold rose on Tuesday ahead of a Federal Reserve policy meeting, but the metal remained near an eight-month low, deterring investors from placing big bets as they awaited clues on the timing of the first U.S. rate hike in eight years.The Fed will begin its two-day policy meeting later in the day, with an announcement scheduled for Wednesday. Some believe the Fed could signal it may begin raising rates sooner than mid-2015, the current ...
Lead hits 3-month low, copper steadies ahead of Fed meeting LONDON: Lead sank to a three-month low on Tuesday as speculators added to their bets that the battery metal would see more losses, while copper ticked higher on near-term shortages.Volumes were lower than usual as traders squared their books ahead of a Federal Reserve meeting that is expected to offer clues on when U.S. interest rates will climb.Three-month lead fell to a session low of $2,086 a tonne, the weakest since June 16, before paring ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln