All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Kenyan shilling drops to 3-1/2 year low, shares ease NAIROBI: Kenya's shilling fell to its lowest in close to three years and seven months on Tuesday, undermined by dollar demand from the energy and manufacturing sectors.Shares fell slightly.At the close of trade, commercial banks quoted the shilling at 98.35/45 to the dollar, down from Monday's close of 97.85/95. The shilling last traded at these levels in Nov. 2011."Demand is from energy and manufacturing. But I expect it not to weaken further. I think we should see some correction," said a trader at one commercial bank.John Muli, a trader at African Banking Corporation, said pressure on the shilling was made more acute by a sluggish supply of dollars."On the dollar, there are still no inflows," Muli said.This year, the shilling has been undermined by a firmer dollar, lower hard currency receipts due to a slump in tourism, as well as a growing current account deficit driven by demand for imports ...


Dollar gains top 1 percent on US rates outlook NEW YORK: The dollar rose more than 1 percent against other major currencies on Tuesday, extending recent gains largely driven by increasing expectations the Federal Reserve will start raising US interest rates in 2015.The dollar climbed to its highest in nearly eight years against the Japanese yen and pushed the euro, already weighed down by anxieties over Greece's financial crisis, below $1.09 for the first time in a month. The dollar index, composed of six ...

South Africa's rand buckles as weak data, strong dollar weigh JOHANNESBURG: South Africa's rand slipped to a two-week low on Tuesday, weighed down by poor domestic data while the dollar stretched recent gains. At 1500 GMT the rand had weakened 1.09 percent to 12.0600 per dollar, with the next support around 12.15 in sight ahead of another wave of domestic data later this week. "Rand weakness is a function of a much firmer dollar," said Nilan Morar of Global Trader, as the rand traded past ...

Dollar gains top 1 percent on US rates outlook NEW YORK: The dollar rose more than 1 percent against other major currencies on Tuesday, extending recent gains largely driven by increasing expectations the Federal Reserve will start raising U.S. interest rates in 2015.The dollar climbed to its highest in nearly eight years against the Japanese yen and pushed the euro, already weighed down by anxieties over Greece's financial crisis, below $1.09 for the first time in a month.The dollar index, composed of six leading ...

Sterling near 2-1/2 month high against struggling euro LONDON: Sterling rose to a 2-1/2 month high against a struggling euro on Tuesday, with the single currency weighed down by Greece's debt problems and interest rate differentials moving in favour of the British pound.Yields on safe-haven German Bunds, the euro zone benchmark, dropped as jitters from the peripheral bond markets made investors nervous and pushed them towards safety. The yield gap between the 10-year UK Gilt and the German Bund widened to 135 basis ...

C$ retreats to six-week low after US durable goods data TORONTO: The Canadian dollar slipped to its weakest level in six weeks against the greenback on Tuesday after the U.S. dollar extended session gains on data that showed U.S. business investment spending plans increased for a second month in a row in April.The Canadian dollar touched C$1.2395 to the U.S. dollar, or 80.68 U.S. cents, softer than before the data was released and sharply weaker than Monday's Bank of Canada close at C$1.2313, or 81.21 ...

Sri Lanka rupee spot falls near record low; pressure remains COLOMBO: Sri Lanka's central bank permitted the spot rupee to fall by 20 cents to a near record low on Tuesday but prevented it from falling further amid importer dollar demand while exporters held on to the greenback, dealers said.The central bank allowed the spot rupee to slip 0.15 percent or 20 cents to 133.90, near its record low of 134.10, hit on June 28, 2012, Thomson Reuters data showed.Since the central bank defended the ...


 



 
Index Closing Chg%
Arrow DJIA 18,162.99 0.67
Arrow Nasdaq 5,106.59 1.47
Arrow S&P 2,123.48 0.92
Arrow FTSE 7,033.33 1.21
Arrow DAX 11,771.13 1.26
Arrow CAC-40 5,182.53 1.95
Arrow Nikkei 20,472.58 0.17
Arrow H.Seng 28,081.21 0.60
Arrow Sensex 27,564.66 0.12





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln