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Euro falls on jitters over Greece debt deal TOKYO: The euro drifted lower in Asia on Tuesday with investors following talks between debt-hit Greece and its international creditors as Athens looks to reform its bailout obligations.In Tokyo, the single currency slipped to $1.0790 and 129.69 yen, from $1.0825 and 130.10 yen in New York, while the dollar was at 120.17 yen against 120.18 yen.Experts from the International Monetary Fund and the European Union are scrutinising a list of reforms that Athens has proposed in its bid to get the creditors to release 7.2-billion euros in much-needed loans that will help it avoid a default.Greece's government says the reforms would help raise an extra three billion euros for its coffers without resorting to wage and pension cuts.But European authorities warned Monday that there was still no deal."We're not there yet," European Commission spokesman Margaritis Schinas told reporters. "This is why the talks should benefit from further fact-finding in Athens ...


C$ softens on lower oil prices, weak data TORONTO: The Canadian dollar was weaker against its US counterpart on Monday in light trading, pressured by lower oil prices and as investors looked ahead to domestic data later this week.US data showed consumer spending rose negligibly in February, the latest sign that the US economy has been experiencing a soft first quarter, pinched by the strong greenback and bad weather, among other factors. Meanwhile, inflation edged higher, but was still below target."We still expect ...

Latam currencies down on Fed outlook; bank stocks rise RIO DE JANEIRO: Latin American currencies traded mostly weaker on Monday, tracking global dollar strength, while banking shares supported local stock markets.The dollar rallied after comments last Friday from US Federal Reserve chair Janet Yellen underscored the view that US interest rates are likely to rise gradually later this year.The Brazilian real sank as low as 3.288 to the dollar though it continued to see technical support at the 3.29 level for a second week. ...

Euro falls on Greece debt worries, dollar rebounds NEW YORK: The euro slumped against the dollar on Monday on worries over whether Greece would secure aid before it runs out of cash in three weeks, while the greenback gained versus other currencies on the view the Federal Reserve will raise U.S. interest rates this year.Athens sounded upbeat about talks with its creditors to release funds from its 240-billion-euro aid package while Germany called for a more detailed list of reforms.Concerns about the negotiations ...

Pound hurt by political doubts, set for weakest month in 2 years LONDON: Sterling fell against the dollar and the euro on Monday, weighed down on the first official day of a national election campaign that looks set to give no party an outright majority.With parliament dissolved, Prime Minister David Cameron went to Buckingham Palace and met Queen Elizabeth, a formality marking the end of five years of coalition government between his Conservatives and the Liberal Democrats.In anticipation of the May 7 election, the outcome of which ...

South Africa's rand hits one-week low against dollar JOHANNESBURG: South Africa's rand extended losses against the dollar on Monday, hitting a new one-week low, as a basket of currencies suffered at the hand of a stronger greenback.At 1437 GMT the rand was trading 0.74 percent weaker at 12.1240 to the dollar compared with its closing level on Friday."It's a general risk-off feel to the market and also the dollar strengthened on the day," Rand Merchant Bank trader Jim Bryson said.The dollar index, which ...

Aussie dollar hits 10-day low on lower iron ore prices, rate cut bets LONDON: The Australian dollar fell over a percent to a ten-day low against its U.S. counterpart on Monday, hit by persistent weakness in iron ore prices and speculation of an April cut in Australian interest rates.Chinese iron ore futures fell for the fourth consecutive session on tepid demand in the world's top consumer and growing supplies by global miners put the raw material in check. Iron ore is Australia's top export earner.The Aussie dollar was ...


 



 
Index Closing Chg%
Arrow DJIA 17,976.31 1.49
Arrow Nasdaq 4,947.44 1.15
Arrow S&P 2,081.24 1.22
Arrow FTSE 6,891.43 0.53
Arrow DAX 12,086.01 1.83
Arrow CAC-40 5,083.52 0.98
Arrow Nikkei 19,411.40 0.65
Arrow H.Seng 24,855.12 1.51
Arrow Sensex 27,975.68 1.88





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln