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Russia's rouble hits new record low, Sistema shares continue slide MOSCOW: The Russian rouble hit a new record low against the dollar on Friday, hurt in part by companies' foreign debt repayments, while shares in conglomerate Sistema plunged after another twist in a criminal investigation into its chairman. The Russian currency has touched several historic lows in the past few months as investors in Russian assets have taken fright over the Ukraine crisis and as prices of oil, a major Russian export, have fallen below $100 a barrel. By 0925 GMT, the rouble was 0.97 percent weaker against the dollar at 38.86 after reaching a low of 38.97. It was down 0.87 percent versus the euro at 49.52. That left the currency 0.92 percent weaker at 43.66 against the dollar-euro basket, which the central bank uses to gauge the rouble's nominal exchange rate. "A combination of factors are pressuring the rouble. Firstly, dollar appreciation against developed and emerging market currencies, ...

Ugandan shilling weakens as demand for dollars grows KAMPALA: The Ugandan shilling weakened on Friday amid higher demand for dollars from manufacturers and energy companies. At 0938 GMT, commercial banks quoted the shilling at 2,650/2,660, down slightly from Thursday's close of 2,540/2,650. "The shilling has come under significant pressure from demand being exerted by manufacturing and energy firms," said Ahmed Kalule, a trader at Bank of Africa. The shilling is down 4.9 percent against the dollar this year, and market players expect it ...

Dollar holds near four-year highs, Europe stocks recover LONDON: The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates. European equities shrugged off a sharp sell-off in Asian and US markets overnight, clawing off one-month lows and led by euro zone banks, seen as the big winners of the European Central Bank's measures to prop up inflation ...

Dollar takes a breather in Asia TOKYO: The dollar took a breather in Asia on Friday after hitting a near two-year high against the euro in New York as the US economy shows further signs of strength.The single European currency was trading at $1.2749 in Tokyo Friday, up from a low of $1.2697 in US trade, which was its weakest level since November 2012. The euro also fetched at 138.86 yen against 138.62 yen.The greenback bought 108.92 yen, up from 108.73 ...

Dollar rises and euro sags as rate gaps widen NEW YORK: The dollar jumped on Thursday to fresh highs against other major currencies as investors betting European and American monetary policies are parting ways knocked the euro to an almost two-year low against the U.S. currency.The euro fell as far as $1.26955 on trading platform EBS, its lowest since November 2012. This helped push the dollar index, which measures the greenback against a basket of major currencies, to a four-year high of 85.485.Selling in ...

C$ softens to 6-month low; Fed expectations drive US win streak TORONTO: The Canadian dollar retreated to a six-month low against its US counterpart on Thursday, as the greenback powered higher on expectations that the Federal Reserve will likely end its bond-buying next month and begin raising the cost of borrowing next year.The US dollar's winning streak, on track to be the longest since the early 1970s, comes as the Canadian dollar faces pressure at home. A series of dovish comments from the Bank of Canada ...

Kenyan shilling weakens on end-month dollar demand by companies  NAIROBI: Kenya's shilling weakened in early trade on Thursday on demand for dollars from energy and telecoms firms, driving the currency close to levels where the central bank intervened with support last week.By 0809 GMT, the shilling was trading at 89.10/30, compared with Wednesday's close of 89.00/20. A week ago, the central bank sold dollars to help the currency when it fell to around 89.50."We are still slowly sliding. We see continued (dollar) demand from ...


Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln