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C$ steady as investors in limbo on Bank of Canada TORONTO: The Canadian dollar was steady against its US counterpart on Thursday, and with little news to drive trading after Wednesday's volatility investors were seen as unlikely to challenge the day's trading range.The currency had touched a session high on Wednesday after unexpectedly weak retail sales data, but quickly strengthened to its firmest level of the session after the Bank of Canada dropped its reference to neutrality in its rate statement.Investors were unable to get clarity from the Bank of Canada when a scheduled press conference was canceled after a gunman fatally shot a soldier at the Canadian War Memorial in Ottawa and gunfire erupted inside the nearby parliament, near a room where Prime Minister Stephen Harper was speaking."Basically yesterday was a volatile day, but in the end, we closed more or less flat after testing both ends of the range. Today, it's just flows in the market," said Martin ...


Rouble hits new low on Rosneft aid request, dollar shortage MOSCOW: The rouble hit a new record low against the dollar on Thursday, prompting over $2 billion in central bank interventions after Russia's top oil firm sought huge amounts of state cash and firms scrambled for dollars. At 1300 GMT, the rouble was 0.56 percent weaker at 41.65 against the dollar after earlier hitting 41.71 against the greenback for the first time.It was 0.67 lower at 52.74 versus the euro, earlier touching another all-time low ...

Nigeria naira up 0.30pc against dollar after central bank intervenes LAGOS: The Nigerian naira firmed 0.30 percent to 164.40 against the US dollar on Thursday after the central bank intervened in the interbank market for the second straight day with an undisclosed amount of dollars, dealers said. The naira closed at 164.90 to the dollar the previous day. It had initially weakened to around 165.80 intraday, prompting central bank action to stem its fall.Copyright Reuters, 2014

Retail shortfall prods sterling lower, gilts down LONDON: Sterling fell by around a third of a percent on Thursday after British retail sales dropped more than expected in September, another sign that one of the developed world's brighter economic recoveries is slowing. The impact was eased by subdued expectations for the data and by the prospect of a more upbeat first estimate of third-quarter economic growth on Friday. But the 0.3 percent decline on the month, largely ascribed to better weather that ...

Polish zloty hits 15-month low against the dollar WARSAW: Poland's zloty currency fell to its lowest in 15 months against the dollar on Thursday, with weak Polish retail sales data supporting the case for further rate cuts in central and eastern Europe's largest economy.Regional currencies were stable against the euro, which was supported by data showing euro zone business growth has picked up unexpectedly this month.The diverging expectations for monetary policy in the United States, which is expected to tighten somewhere in 2015, ...

Sterling falls after UK retail sales disappoint LONDON: Sterling fell by around a third of a percent on Thursday after British retail sales dropped more than expected in September, another sign that one of the developed world's brighter economic recoveries is slowing. The impact was eased by subdued expectations for the data and by the prospect of a more upbeat first estimate of third-quarter economic growth on Friday. But the 0.3 percent decline on the month, largely ascribed to better weather that ...

Rouble at new low after oil slips, fragile China weighs on stocks LONDON: More problems related to the drop in oil prices pushed Russia's rouble to a record low on Thursday, as mixed data from China and gains by the dollar squeezed emerging market stocks and currencies from both sides. MSCI's main emerging market index was on course to break a four-day run of gains. A 1 percent decline in Chinese shares and a 1.6 percent drop by Russian stocks set the day's course. Moscow's troubles were ...


 



 
IndexClosingChg%
ArrowDJIA 16,461.32 0.92
ArrowNasdaq 4,382.85 0.83
ArrowS&P 1,927.11 0.73
ArrowFTSE 6,399.73 0.43
ArrowDAX 8,940.14 0.60
ArrowCAC-40 4,105.09 0.58
ArrowNikkei 15,195.77 2.64
ArrowH.Seng 23,403.97 1.37
ArrowSensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln