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Dollar mixed in Asia after upbeat US data TOKYO: The dollar was mixed in Asia Monday following broadly upbeat US economic data, while the yen was lifted by speculation the Bank of Japan's policy board will hold off any new stimulus measures when it meets this week.The greenback bought 104.01 yen in midday Tokyo trade, slipping from 104.30 yen on Friday in New York, while the euro weakened to $1.3529 and 140.72 yen compared with $1.3535 and 141.17 yen.Official figures released in Washington on Friday showed US factory output rose 0.3 percent last month, extending its streak of gains since July. Also, housing starts fell in December from November's five-year high, but the drop was not as much as forecast while the pace of home building remained strong.There was muted reaction to figures showing China's gross domestic product expanded 7.7 percent last year, its slowest rate in 14 years at a time of concern about the strength of ...


S&P downgrades Uganda, shilling weakens KAMPALA: A downgrade of Uganda's credit rating by Standard & Poor's weighed on the Ugandan shilling on Friday, with the ratings agency raising its forecast for the country's budget deficit this fiscal year. Standard & Poor's cut Uganda's rating to B from B+ with a stable outlook. "We now forecast a higher fiscal deficit of 6.9 percent (of GDP) in the 2013-2014 fiscal year. Revenue increases have been lower than we expected, donors have ...

Sterling rallies and gilts fall after bumper UK retail data LONDON: Sterling rallied while gilts fell on Friday after British retailers reported their fastest sales growth in more than nine years, adding weight to the view that a resurgent UK economy may bring forward an interest rate rise. The pound, which has been weak since the start of the year, was up 0.5 percent to $1.6439, having traded at $1.6344 before the data. The euro was 0.7 percent lower at 82.68 pence. British retail sales ...

India rupee comes off 5 week highs as shares falter MUMBAI: The Indian rupee gave up all gains on Friday as shares slumped, after the currency earlier hit its highest level in more than five weeks on continued strong foreign buying of debt, amid expectations the central bank will keep interest rates on hold. Domestic bond markets have seen net inflows of more than $2 billion so far in January, although interest in stocks has been lacklustre with only around $258 million having come in ...

Sri Lanka rupee falls on importer dollar demand; gain seen in near future COLOMBO: The Sri Lankan rupee ended weaker on Friday on importer dollar demand, but the market expects the local currency to strengthen in the near future due to inflows from a sovereign bond sale.Dealers said investors were awaiting to see the impact of the expected inflows from a $1 billion sovereign bond issue. The spot rupee ended at 130.73/75 per dollar, weaker from Thursday's close of 130.60/67. "A state bank bought dollars. It was not ...

Dollar slips in Asia despite upbeat jobs data TOKYO: The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampened investor sentiment, while the euro was also under pressure on deflation fears.The greenback bought 104.34 yen in afternoon Tokyo trade, down from 104.37 yen in New York Thursday, and after a Japanese government report described Asia's number-two economy as "recovering" for the first time in six years.The euro weakened to 142.08 yen from 142.11 yen while ...

Dollar slips in Asia despite upbeat jobs data TOKYO: The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampened investor sentiment, while the euro was also under pressure on deflation fears.The greenback bought 104.28 yen in morning Tokyo trade, from 104.37 yen in New York Thursday, and after a Japanese government report described Asia's number two economy as "recovering" for the first time in six years.The euro weakened to 141.98 yen from 142.11 yen while ...


 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln