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Russian rouble drops on sanctions threat, risk aversion post-Fed MOSCOW: Russia's rouble fell around 2 percent against the dollar and the euro on Thursday, hurt by the threat of new European Union sanctions over the Ukraine crisis, the end of the tax period and a broad-based aversion to riskier assets on global markets.At 1215 GMT, the rouble was 1.9 percent weaker at 69.31 roubles to the dollar and 2 percent lower at 78.40 against the euro.Stocks were mixed, with the dollar-based RTS index down 0.9 percent to 758 points and the rouble-denominated MICEX up 1.3 percent to 1,668 points, mainly reflecting moves in the Russian currency.European Union foreign ministers on Thursday were expected to ask the European Commission to prepare a new round of sanctions to punish Moscow for its role in eastern Ukraine, where fighting has escalated recently.The sanctions may include further capital markets restrictions, making it harder for Russian companies to refinance themselves and possibly affecting Russian ...


Sri Lanka rupee forwards weaker despite intervention; seen lower on imports COLOMBO: Sri Lankan rupee forwards ended weaker on Thursday due to importer dollar demand despite moral suasion by the central bank, while exporters awaited direction from a supplementary budget, dealers said.Currency dealers said the rupee may depreciate because of an expected increase in consumption after a raft of tax reductions on key commodities in the budget.Fears of depreciation kept exporters away from the market, resulting in the currency's fall and leading the central bank to ...

Turkey's lira slides on rate cut expectations ISTANBUL: The Turkish lira tumbled to a record low against the dollar on Thursday on expectations that the central bank will cut interest rates at an extraordinary monetary policy committee meeting as early as next Wednesday.In a Reuters poll, all 15 economists who responded said they expected the bank to hold an unscheduled meeting after inflation data are released on Feb. 3. They expect it to cut its main interest rate by 50-75 basis points.The ...

Kenyan shilling weaker as importers buys dollars, shares fall NAIROBI: The Kenyan shilling was a touch weaker on Thursday on dollar demand from importers, while stocks nudged lower.The shilling closed at 91.60/70 to the dollar compared with 91.55/65 on Wednesday.Duncan Kinuthia, head of trading at the Commercial Bank of Africa said the local currency's decline was offset by tight money market liquidity."The usual corporate names - oil, energy, telcos - were buying dollars," he said."As long as there is tightness, I don't expect it ...

C$ extends losses to near six-year lows post-Fed TORONTO: The Canadian dollar was trading at levels not seen in nearly six years against its US counterpart on Thursday, extending losses from the previous session after the Federal Reserve maintained its view that US interest rates could rise this year.Diverging monetary policies between the Fed and the Bank of Canada, highlighted by last week's shock rate cut in Canada and the Fed's upbeat outlook on Wednesday, have firmly pushed the Canadian dollar onto a ...

Bullish Fed hurts Asia FX; Singapore dollar rebounds SEOUL: Most emerging Asian currencies fell on Thursday as the US Federal Reserve appeared on track to raise interest rates this year while there are risks that regional central banks instead may ease monetary policies.The Malaysian ringgit hit a near six-year low as an overnight slide in oil prices highlighted concerns that slumping crude will hurt the country's current account surplus and increase its fiscal deficit.South Korea's won touched a near four-week low as offshore ...

South Africa's rand slips to week low ahead of rate decision JOHANNESBURG: South Africa's rand fell to its weakest in a week early on Thursday as the dollar gained after the U.S. Federal Reserve's latest policy statement indicated it was still on track to raise interest rates this year.At 0628 GMT the rand had slipped 0.28 percent to 11.6100 per dollar from an overnight close of 11.5775, cooling after a rally that saw it gain more than half a percent.The upbeat tone of the much-anticipated Fed ...


 



 
Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln