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Nigeria naira nears record intraday low against dollar LAGOS: Nigeria's naira traded near a record intraday low on Monday as demand for the greenback met with thin liquidity, dealers said.The currency initially lifted from Friday's close, then slipped into weaker territory.A dealer traded the naira at a one-off rate of 194.10 to the dollar before the unit settled at 191.35 naira at 1118 GMT, close to a record intraday low of 191.97 it hit last week. The naira closed on Friday at a record low of 190.60.The naira has been hitting record lows as dollar liquidity on the interbank forex market thins out amidst a collapse in the price of oil, Nigeria's main export.Dealers said Total offered to sell $80 million to some lenders on Monday while Shell sold an undisclosed amount of dollars, to buy naira for their local operations. However, the market was awaiting the results from the sales.Copyright Reuters, 2015


Sri Lanka rupee forwards end weaker on importer dollar demand; seen falling COLOMBO: Sri Lankan rupee forwards ended a tad weaker on Monday due to importer dollar demand, while exporters awaited direction from the monetary policy and a supplementary budget later this week, dealers said.Fears of possible depreciation also kept exporters away from the market, dealers said.The three-day forwards, which were actively traded, ended a tad weaker at 132.99/133.19 per dollar, compared with Friday's close of 132.95/133.05.Four-day forwards closed at 133.00/133.20 per dollar, weaker from Friday's close ...

Euro, stocks slip as Greece set to reject austerity TOKYO: The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.The euro fell to an 11-year low of $1.1098 on the vote outcome before recovering to $1.1186, still down 0.2 percent from last week.The election was the second blow since last week for the euro, ...

Euro hits 11-year low as Greek leftists sweep to power TOKYO: The euro hit an 11-year low versus the US dollar on Monday as Greece's anti-austerity Syriza party swept to victory in a snap election, putting Athens on a collision course with international lenders.The single currency dropped to $1.1098, a level not seen since September 2003, before steadying around $1.1180, as official projections showed Syriza was set to win 149 seats in the 300-seat parliament.While Syriza leader Alexis Tsipras fell just short of an overall ...

Sri Lankan rupee tad weaker on importer dlr demand, stocks up COLOMBO: Sri Lankan rupee forwards traded a tad weaker on Monday due to importer dollar demand and low exporter greenback sales while the market awaited direction from an interim budget later this week, dealers said. Four-day forwards were actively traded and stood at 132.99/133.15 per dollar by 0627 GMT, little changed from Friday's close of 132.95/133.05."The exporters are not converting dollars as they are waiting to see the direction. There are normal imports which put ...

Russian rouble falls sharply on opening on Monday MOSCOW: The Russian rouble fell sharply on opening on Monday, following a weekend of violence in eastern Ukraine and threats of further Western sanctions against Russia.At 0710 GMT the rouble was down 2.2 percent against the dollar at 65.65 and 2.1 percent weaker against the euro at 73.74. Copyright Reuters, 2015

South Africa's rand stable, bonds edge higher ahead of MPC JOHANNESBURG: South Africa's rand was stable against the dollar early on Monday while bond yields hovered near 20-month lows, as emerging markets continued to benefit from the European Central Bank's larger-than-expected stimulus package.On the local front, traders and investors awaited Thursday's interest rate decision, with all 37 economists surveyed by Reuters last week predicting the Reserve Bank would hold interest rates at 5.75 percent.On Monday, the yield on the 2026 benchmark revisited last week's low ...


 



 
Index Closing Chg%
Arrow DJIA 17,409.00 1.31
Arrow Nasdaq 4,683.41 0.98
Arrow S&P 2,017.30 0.95
Arrow FTSE 6,810.60 0.22
Arrow DAX 10,737.87 0.25
Arrow CAC-40 4,631.43 0.44
Arrow Nikkei 17,606.22 1.06
Arrow H.Seng 24,595.85 1.07
Arrow Sensex 29,681.77 0.41






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln