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Mexico's peso slumps to almost 1-month low MEXICO CITY: Mexico's peso slumped sharply on Wednesday to its weakest in nearly a month, and hitting a level that could trigger an auction of $200 million by the central bank to support the currency. The peso shed 1.1 percent to 17.07 per dollar, its weakest since August 28. If the currency remains trading at these levels, it could trigger a dollar auction at 12 p.m. or 3 p.m local time. Copyright Reuters, 2015

Sterling skids vs euro as Draghi says too early for more stimulus LONDON: Sterling skidded over 1 percent against the euro on Wednesday after the head of the European Central Bank said it was too early to decide on further stimulus in the euro zone. The euro had hit a one-month low versus the pound the previous day on talk the ECB would beef up its 1 trillion euro plus asset-buying programme. But it gained 1.2 percent on Monday, its biggest one-day rise since late August, to ...

C$ eases on post-Fed greenback rally, volatile oil TORONTO: The Canadian dollar softened against its US counterpart on Tuesday, as the greenback strengthened on expectations the Federal Reserve is still on track to hike interest rates before next year and crude prices gave back some of Monday's rally.Global oil demand worries, combined with excess supply, continue to plague the commodity, with prices remaining volatile.The Fed held off hiking interest rates last week and scaled back its forecasts for US growth, but the US ...

Kenyan shilling eases due to demand, shares fall NAIROBI: The Kenyan shilling weakened on Tuesday as importers sought dollars to pay their bills, but traders said tight liquidity was limiting the local currency's losses before a central bank decision on lending rates.At the 1330 GMT close of trade, commercial banks quoted the shilling at 105.70/70 to the dollar, down from Monday's close of 105.30/40."There's slight (dollar) demand in the market, though the tight liquidity is slowing down the process of weakening," a senior ...

Currencies ease as stocks fall, Hungary cuts CPI forecasts BUDAPEST: Central European currencies fell on Tuesday, with the forint and zloty retreating from close to 5-week highs against the euro after regional shares joined a global fall and Hungary's central bank slashed its inflation forecasts.Shares across Europe weakened as mining companies fell sharply in response to a drop in copper prices due to worries over China's economic slowdown.Europe's second-biggest copper producer, KGHM slumped almost 5 percent in Warsaw, leading the index of the bourse's ...

South Africa's rand falls ahead of rates call, resources drag bourse JOHANNESBURG: South Africa's rand slid almost 2 percent against a firmer greenback on Tuesday, extending its losses in a 1-1/2 week trough as expectations of a rate hike in the United States soured risk sentiment. Stocks fell almost 2 percent on South Africa's blue-chip Top-40 index, largely driven by a global resource sell-off on fears of weaker Chinese demand. The rand hit a session low of 13.7430, its weakest since Sept. 10, and was trading ...

Asian currencies retreat as talk of Fed rate hike returns SINGAPORE: The dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest rates within the year after deciding against a raise last week.Regional currencies were on the retreat amid concerns that an interest rate hike would spark an outflow of capital from emerging markets to seek higher returns.A decision last week by the Federal Open Market Committee (FOMC) of the US central bank to hold off a much ...


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