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New York Ebola case pares Asia FX weekly gains SINGAPORE: Most emerging Asian currencies eased on Friday, paring some of their weekly gains, as risk sentiment weakened after a doctor in New York tested positive for Ebola, the first case in America's largest city.South Korea's won slid for the day as investors took profits from the best performing emerging Asian currency of the week.The won recovered most of its earlier losses on expectation of inflows after Korea Electronic Power Corp launched on Thursday an up to $830-million share offering.For the week, the South Korean currency rose 0.8 percent against the dollar, according to Thomson Reuters data. Exporters bought the won for month-end settlements and offshore funds purchased the unit to cover short positions.Indonesia's rupiah appreciated 0.3 percent as reform-minded President Joko Widodo took office.The Indian rupee ended the week up 0.2 percent amid hopes for further economic reforms by the government. Domestic financial markets have been closed since Thursday ...


Kenyan shilling steady, seen weaker on dollar demand from importers NAIROBI: The Kenyan shilling was stable in early trading on Friday, with traders expecting it to weaken into next week due to substantial end-month dollar demand from importers.At 0850 GMT, commercial banks quoted the shilling at 89.35/45, unchanged from Thursday's close.A downturn in the tourism industry after a spate of bomb and gun attacks along the coast and in the capital this year has hurt one of the major sources of hard currency for East ...

Sterling up on UK GDP, eyes first weekly rise in four LONDON: Sterling rose on Friday after figures showed the UK economy slowing but in line with forecasts and still growing at a healthy pace, a relief for those worried that weakness overseas could be a heavier drag on activity. The pound moved further above $1.60 and on a broader trade-weighted basis was on track for its first weekly rise in four. Britain's economy grew by 0.7 percent in the third quarter, down from 0.9 percent ...

Polish zloty hovers around 15-month lows against the dollar BELGRADE: Poland's zloty hovered around 15-month lows against the dollar, little changed from Thursday, when minutes of October's central bank meeting showed bank policymakers were inclined to cut interest rates quickly and deeply in coming months.Central and Eastern European currencies were stable against the euro, which gained support from data showing euro zone business growth has picked up unexpectedly this month.Markets will be watching a meeting in Warsaw where David Lipton, the first deputy director ...

Rouble weakens to new all-time low of over 42 rbls/dlr MOSCOW: Russia's rouble weakened to a new all-time low of 42.01 roubles per dollar on the Moscow Exchange on Friday, hurt by risk aversion linked to an upcoming review of Russia's debt rating by Standard and Poor's and weaker oil prices. The rouble has been pressured for months by falling oil prices, Western sanctions over the Ukraine crisis and strong demand for dollars from Russian firms shut out of international capital markets.Copyright Reuters, 2014

Ugandan shilling flat, seen weaker on end-month dollar demand KAMPALA: The Ugandan shilling was steady on Friday in quiet trading, but was expected to weaken in the coming days due to dollar demand from importers, traders said. At 0923 GMT commercial banks quoted the shilling at 2,700/2,710, unchanged from Thursday's close. "I think the outlook points to further weakening a lot of demand is still anticipated from importers," said Faisal Bukenya, head of market making at Barclays Bank. The shilling had lost ground to ...

Euro dips ahead of banks' stress test results, sterling firm LONDON: The euro slipped against the yen on Friday, with investors cautious ahead of the results on Sunday of stress tests on euro zone banks, with the single currency also lagging the pound after robust third-quarter UK growth data. Sterling gained after figures showed the British economy growing in line with forecasts and at a healthy pace, providing relief for those worried that weakness overseas, especially in the euro zone, could drag more on activity. ...


 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln