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Indonesia rupiah falls after election margin disappoints opposition SINGAPORE: The Indonesian rupiah fell on Thursday, a day after the main opposition party failed to win enough votes in parliamentary elections to nominate hugely popular Jakarta governor Joko Widodo for the presidency without the help of other parties.The rupiah fell 0.4 percent to 11,3335 per dollar at 0107 GMT. The rupiah has risen partially due to hopes that a dominant victory by the Indonesian Democratic Party-Struggle (PDI-P) and the Jakarta governor, widely known as Jokowi, would attract more foreign funds, analysts and traders have said. Copyright Reuters, 2014

NZ dollar extends gains, hits 2 1/2-year high vs US dollar WELLINGTON: The New Zealand dollar hit a 2 1/2-year high against the US dollar on Thursday as investors speculated its rate advantage against the greenback would increase after Federal Reserve minutes suggested US rates would stay low for months to come. The kiwi climbed to $0.8735, its highest level since August 2011. It rose to 80.99 against a currency basket , according to Reuters data, just shy of a post-float high around 81.03 hit in ...

South Korea won rises to near 6-year high, stocks inch up SEOUL: The South Korean won hit its strongest level in almost six years on Thursday morning, buoyed by demand from exporters for settlements and stop-loss dollar selling from offshore funds while local stocks were little changed. The local currency was quoted at 1,035.5 against the dollar as of 0252 GMT, up 0.6 percent from Wednesday's onshore close at 1,041.4. However, the won's gains were tempered by suspected dollar buying by South Korean foreign exchange authorities ...

Taiwan dollar rises to over 2-month high TAIPEI: The Taiwan dollar soared to its highest level in more than two months in early trade on Thursday. The local currency jumped by T$0.192 to trade at T29.970 against the US dollar, after briefly going above a key resistance level of T$30 for the first time since early February.Copyright Reuters, 2014

Russia's central bank right to shore up rouble short term: World Bank WASHINGTON: Russia's central bank made the right decision to defend the rouble in the short term and prevent excessive volatility in the exchange rate when the Ukraine crisis escalated, a senior official at the World Bank said on Wednesday.The Russian Central Bank was forced in early March to halt its shift towards inflation targeting and instead tame the rouble's fall after Russia seized and annexed Ukraine's Crimea. Since then, the bank has spent nearly $30 ...

C$ at nearly 3-month high after Fed minutes TORONTO: The Canadian dollar strengthened against the greenback on to its highest level in a nearly three months after minutes from the Federal Reserve's latest policy meeting suggested rate hikes south of the border may not come as soon as some had feared.The minutes sent the Canadian dollar to a session high and propelled it to its fourth straight day of gains. Since hitting a 4-1/2-year low in late March, the Canadian dollar has rebounded ...

South Korea's won surges to pre-crisis level SEOUL: South Korea's won surged Wednesday to its highest level since before the global financial crisis, sparking concern the stronger currency might undermine the export-reliant economy.The won ended at 1,041.40 to the dollar, up 10.80 won from the previous session and close to the 1,039.80 per dollar reached on August 14, 2008.The country's continuously strong trade surplus and a recent global weakening of the greenback combined to bolster the won, analysts said."Many people believed the ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln