All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Yen recovers from multi-year lows TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against the dollar and euro, but analysts said another fall could be in store.In Tokyo, the greenback slipped to 117.85 yen, against 118.22 yen in New York, where it almost broke the 119 yen level for the first time since August 2007.The euro bought 147.23 yen compared with 148.25 yen, a six-year high, while it weakened to $1.2492 against $1.2540.Comments from Japanese finance minister Taro Aso appeared to briefly cap the yen's losses after he told a regular news briefing that the pace of the decline in the past week has been "too fast"."He is only saying that the yen's rapid fall is not a welcome thing. But it does not mean that he wants to cap the move at this level," said Yuji Saito, foreign exchange director ...


Yen recovers from multi-year lows TOKYO: The yen clawed back some losses in Asia after a steep slide over the past week left it at multi-year lows against the dollar and euro, but analysts said another fall could be in store.In Tokyo midday trading, the greenback was at 117.76 yen, compared with 118.22 yen in New York, where it almost broke the 119 yen level for the first time since August 2007.The euro bought 147.81 yen compared with 148.25 yen, ...

Dollar eases off seven-year peak vs yen ahead of US inflation data LONDON: The dollar eased off a seven-year peak just shy of 119 yen on Thursday ahead of data that is expected to show U.S. consumer prices moderating as deflationary forces take hold across the globe.The euro had also hit a six-year high of 149.120 yen in early European trading, but gave up its gains after PMI surveys showed weak euro zone business growth, underpinning expectations of further monetary easing in the 18-nation bloc.The dollar earlier ...

Dollar near seven-year highs against yen NEW YORK: The US dollar was near a seven-year high against the yen on Thursday as investors bet that the Federal Reserve was on course to begin raising interest rates next year while the Japanese central bank will maintain highly stimulative policies to boost growth in the country.The dollar rose as high as 118.96 yen in overnight trading, the highest level since August 2007, and last traded at 118.04 yen.The greenback also posted brief gains ...

Rouble rallies on taxes and oil, rouble stocks hit 2014 high MOSCOW: The rouble rose strongly on Thursday, supported by end-of-month tax payments and a firmer oil price, while the MICEX index of Russian stocks touched a 2014 high.At 1430 GMT, the rouble was 1.1 percent stronger against the dollar at 46.34 and 0.9 percent firmer at 58.25 versus the euro.Russian exporters are forced to sell foreign currency to meet monthly tax payments near the end of each month. Mineral extraction tax falls due on Nov. ...

Kenyan shilling firms after central bank dollar sale, stocks up NAIROBI: Kenya's shilling strengthened from three-year lows on Thursday after the central bank intervened to support the currency by selling dollars. Stocks closed higher.The shilling closed at 90.05/15 to the dollar, compared with Wednesday's close of 90.15/25. The local currency had at one point firmed to 89.70/90, before reversing its gains.Sheikh Mehran, head of trading at I&M Bank, said dollar demand was coming from across various sectors, including banks, manufacturers, energy and telecommunications companies.The central ...

Wholesale sales data helps push C$ higher TORONTO: The Canadian dollar rose moderately against the US dollar on Thursday as stronger than expected September wholesale sales numbers in Canada added to expectations that gross domestic product figures for that month will be robust.Wholesale sales jumped 1.8 percent in September to a record C$54.03 billion, the latest economic data signaling stronger Canadian economic growth. Economists had forecast a rise of 0.8 percent."Wholesale was solid. It looks like September GDP is going to be ...


 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






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