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Indian rupee gains ahead of poll results, US jobs data MUMBAI: The Indian rupee rose on Friday, notching up a third week of gains, while US nonfarm payrolls data and state poll results are expected to determine whether the currency would sustain its recent winning run.The outcome of the state elections is due on Sunday and if exit polls are any indicator, the main opposition Bharatiya Janata Party is likely to win most of the states.A strong win ahead of the general elections due by May would be seen as an affirmation of the party's Prime Ministerial candidate Narendra Modi.Modi is perceived as market-friendly and a win for his party would boost the rupee which has already gained on the exit poll results.The US nonfarm payrolls (NFP) data, due later on Friday, will be a key pointer to whether the Federal Reserve is likely to begin tapering its extraordinary monetary stimulus early next year."We have two important issues lined up ...


Dollar climbs from lows, US jobs data key to gains LONDON: The dollar rose against a basket of currencies on Friday, with its short-term fortunes riding on whether key US jobs data can bolster the case for the Federal Reserve to start scaling back monetary stimulus.Analysts polled by Reuters expect the US economy to have created 180,000 jobs in November, following 204,000 in the previous month. Any upside surprise will keep alive lingering expectations the Federal Reserve may start to scale back its bond-buying stimulus ...

Dollar edges up in Asia before US jobs data TOKYO: The dollar edged up in Asia Friday ahead of US jobs data later in the day that are seen as key to the Federal Reserve's plans for its stimulus programme.The greenback fetched 101.91 yen in Tokyo afternoon trade, up from 101.77 yen in New York Thursday.The euro bought $1.3663 and 139.30 yen, against $1.3666 and 139.08 yen in US trade.Dealers said investors late to the dollar's recent rally have also jumped into the market, ...

Dollar edges up in Asia before US jobs data TOKYO: The dollar edged up in Asia Friday ahead of US jobs data later in the day that are seen as key to the Federal Reserve's plans for its stimulus programme.The greenback fetched 101.84 yen in Tokyo midday trade, slightly up from 101.77 yen in New York Thursday.The euro bought $1.3665 and 139.18 yen, against $1.3666 and 139.08 yen in US trade.The US Commerce Department on Thursday said the world's biggest economy grew 3.6 percent ...

C$ firms marginally; jobs data in view TORONTO: The Canadian dollar halted a week of losses on Thursday to end moderately stronger against the greenback, with investors pausing before Friday's data on the North American labor market. Earlier in the session, the Canadian dollar traded near its weakest level in 3-1/2 years as an unexpectedly dovish tone from the Bank of Canada reinforced a market view that interest rates will stay low for some time. "Markets had gotten themselves - and probably ...

Euro edges up after ECB decision, market awaits inflation forecasts, Draghi LONDON: The euro edged up on Thursday after the European Central Bank kept interest rates on hold, with traders on the lookout for the bank's inflation forecasts and any signs it may take more action to prevent deflation.Investors had expected no change in rates after the ECB's surprise cut to a record low of 0.25 percent last month, and will now scour the bank's projections that are expected to point to inflation remaining below target ...

Sri Lanka rupee at over 5-week high on inward remittances COLOMBO: The Sri Lankan rupee ended a tad firmer on Thursday at a more than five-week high as strong inward remittances outpaced importer dollar demand early in the day with a state bank buying the greenback at 130.80 to prevent volatility, dealers said.The spot rupee ended at 130.80/85 rupees to a dollar, its highest close since Oct. 25 and firmer from Wednesday's close of 130.83/88. It has gained nearly 0.32 percent in five straight sessions."Exporters ...


 



 
Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln