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South Africa's rand adds to gains after weak US jobs data JOHANNESBURG: South Africa's rand strengthened more than 1 percent against the dollar in late afternoon deals on Friday, extending gains after weak US payrolls data dented expectations that the Federal Reserve will raise interest rates this year. By 1502 GMT, the rand had gained 1.07 percent to 13.7775 per dollar compared with Thursday's New York close. Copyright Reuters, 2015

Sri Lankan rupee firmer on bank dollar sales COLOMBO: The Sri Lankan rupee ended firmer on Friday on dollar sales by a private bank amid mild demand for the greenback from importers, dealers said. The rupee traded at 141.25/30 per dollar, a tad firmer from Thursday's close of 141.30/40, which was near its record low of 141.40. Dealers said the two state banks, through which the central bank directs the market, were not seen selling dollars, but a local private bank sold dollars ...

Sterling rate swaps push first BoE hike expectations to end-2016 LONDON: Sterling short-term interest rate swap markets pushed back chances of a first rate rise by the Bank of England to late 2016, after a weaker-than-expected US jobs report saw investors cut the odds of a Federal Reserve hike by the end of 2015. An improving British labour market has raised expectations the BoE will be among the first major central banks to raise interest rates, although it is seen unlikely to act before the ...

C$ firms after dismal US jobs data casts doubt on Fed hike TORONTO: The Canadian dollar rallied to a two-week high against its US counterpart on Friday following dismal US labor market data that raised fresh doubts the US economy was ready for an interest rate hike this year.Hiring outside of farming climbed by 142,000 in September, well below the 203,000 economists polled by Reuters had predicted. August figures, already below forecast, were revised sharply lower.The disappointing numbers sent the greenback down sharply, hitting a two-week low, ...

Dollar slumps after US jobs report disappoints NEW YORK: The dollar slumped on Friday, stung by a September US jobs report depicting slower hiring, which raised doubts the economy was strong enough for the Federal Reserve to raise US interest rates this year as had been widely anticipated. Losses for the dollar against the euro and Swiss franc topped 1 percent, and the dollar index was off nearly 1 percent after touching a low last seen on Sept. 24. Payrolls outside of ...

South Africa's rand slightly firmer, strong start for stocks JOHANNESBURG: South Africa's rand edged up against the dollar in early trade on Friday, with traders and analysts expecting the currency to get its steer mainly from U.S. employment data due out later in the session.Government bonds opened slightly weaker but the stock market got off to a firm start, with the benchmark JSE Top-40 index adding 0.8 percent to 45,610 while the broader All-share rose by the same margin to 50,911.By 0705 GMT the ...

C$ rallies on softer greenback, surging crude prices TORONTO: The Canadian dollar rallied to almost two-week highs on Thursday against a broadly weaker US dollar and US crude prices that surged more than 4 percent.Crude oil, a major Canadian export, jumped in part on worries about potential damage to oil installations from a hurricane headed for the US East Coast. Plunging crude prices have dragged the loonie down sharply over the last year and remains a significant driver for the currency.The US dollar, ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln