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Dollar holds strength against euro in Asian trade TOKYO: The dollar sat at seven-month highs against the euro and stood firm against the yen Wednesday following a pick-up in US inflation, while traders await minutes from the Federal Reserve's last policy meeting for clues about its plans for interest rates.Ongoing weakness in the eurozone and Japanese economies continues to put pressure in their central banks to increase stimulus, adding to weakness in their respective currencies.The euro fell to $1.0634 Wednesday -- its lowest since April -- from $1.0644 in New York, while the greenback was virtually unchanged at 123.37 yen from 123.39 yen.Data showing US inflation at 0.2 percent in October added to a string of comments out of the Fed in recent weeks hinting at a December rate hike, which would be the first since 2006."It looks like a big bet on the Fed finally putting its money where its mouth is," Sean Callow, a foreign-exchange strategist ...

South Africa's rand edges up ahead of rates decision, stocks up JOHANNESBURG: South Africa's rand edged slightly firmer against the dollar on Tuesday but was still within easy reach of the previous day's historical lows in nervous trade ahead of a central bank interest rate decision. Stocks were also higher with Brait among the top gainers after the investment heavyweight posted a higher first-half net asset value. By 1539 GMT the rand was 0.6 percent firmer at 14.2415 per dollar compared with where it ended Monday ...

Kenyan shilling steady in slow trade, stocks up NAIROBI: Kenya's shilling was steady on Tuesday as dollar demand eased. Stocks closed higher.At the 1330 GMT close of trade, commercial banks quoted the shilling at 102.10/30, compared to Monday's close of 102.20/30."There was hardly any activity at all," said one trader at a Nairobi-based commercial bank, adding the local currency was likely to stay in the 102.00-102.40 range throughout the week.Kenya's central bank held its benchmark lending rate at 11.50 percent on Tuesday, saying ...

Forint firms as central bank holds fire, stocks rebound BUDAPEST: The forint firmed a shade as Hungary's central bank kept interest rates on hold as expected, while a jump by OTP Bank shares boosted the country's main stock index to a 6-month high.Hungary led a firming of Central European stocks which tracked a rebound in Asian and Western European equities from a fall on Monday following Friday's Paris attacks.Currencies remained rangebound.After an initial slight easing against the euro, the forint soon reversed its course ...

C$ edges higher as crude oil trims losses TORONTO: The Canadian dollar firmed against the US dollar on Tuesday, further recovering from a six-week low hit on Monday, as crude oil prices trimmed earlier losses and US inflation data met expectations.Crude oil, which rallied on Monday on heightened geopolitical tensions following the Paris attacks, still traded lower on Tuesday as the focus returned to global oversupply.The US Labor Department said its Consumer Price Index increased 0.2 percent in October, reversing September's 0.2 percent ...

Kenyan shilling steady as market awaits rate decision NAIROBI: Kenya's shilling strengthened slightly in early trading on Tuesday ahead of the central bank's rate-setting meeting later in the day, traders said.By 0715 GMT, the shilling was quoted at 102.15/25 to the dollar, compared to Monday's close of 102.20/30."The market is in a very tight range. Dollar demand is muted and supply is well-matched," said one trader at a commercial bank. The trader said the local currency was likely to stay in the 102.00-102.40 ...

Russian rouble edges down after rally as oil price concerns weigh MOSCOW: The Russian rouble fell back on Tuesday following a strong rally on Monday, weighed down by concerns about the weak oil price and a potential rise in U.S. interest rates next month.At 0825 GMT, the rouble was 0.4 percent weaker against the dollar at 65.52 and had lost 0.1 percent to 69.81 versus the euro.The rouble had risen by 2.5 percent on Monday, taking its cue from a recovery in oil prices and disregarding ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln