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Nigeria naira closes at record low despite central bank support LAGOS: Nigeria's naira closed at a record closing low of 190.60 to the dollar on Friday, despite the central bank intervening for a fifth day this week to prop up the currency, dealers said.The naira, which has been hard hit by falling oil prices, fell 1.2 percent against the dollar, from the previous day's close of 188.35 naira. Copyright Reuters, 2015

Euro plunges below $1.12 for first time in more than 11 years LONDON: The euro plunged below $1.12 for the first time in more than 11 years on Friday, a day after the European Central Bank said it would pump over a trillion euros into the euro zone economy, and two days before a national election in Greece. The euro shed over 2 percent to hit $1.1115, its lowest since September 2003, as traders sold the currency following the ECB's announcement that it would buy government bonds ...

Bonds surge as ECB move sweeps away Swiss franc gloom BUDAPEST: The forint and the zloty hit 5-week highs against the euro and Central European government bonds surged on Friday on optimism that the European Central Bank's bond buying will fuel capital flows into the region's financial markets.The ECB said on Thursday that it would release 60 billion euros a month into the euro zone economy to revive growth.That boosted expectations for interest rate cuts in Central Europe, but the region's most liquid currencies firmed.The ...

Canadian dollar firms after Canadian CPI, retail sales data TORONTO: The Canadian dollar strengthened against the US dollar on Friday after Canadian CPI data showed an increase in core inflation.The Canadian dollar, which had briefly weakened to a session low following the data, was trading at C$1.2393 against the US dollar, or 80.69 US cents. This was stronger than just prior to the data's release and Thursday's finish at C$1.2404, or 80.62 US cents. Copyright Reuters, 2015

Kenyan shilling steady, stocks up for third straight day NAIROBI: The Kenyan shilling held steady against the dollar on Friday on the back of tight local currency liquidity in the money markets, which usually makes it costlier to hold dollars.Stocks were higher for the third straight day.At the 1300 GMT close, banks quoted the shilling at 91.70/80 to the dollar, the same level as Thursday's close."It's been a bit tight on the money-market side and, due to that, the dollar/shilling did not really move ...

C$ holds steady after inflation, retail sales data TORONTO: The Canadian dollar was steady against the greenback on Friday after data showed a surprise jump in Canadian retail sales to a record high in November and an increase in core inflation in December.The currency, battered by this week's shock Bank of Canada rate cut, was higher overnight but then weakened to a 5-1/2 year low after the figures showed Canada's annual inflation rate in December dropped to 1.5 percent from 2.0 percent, a ...

Sterling steadies after fall past $1.50 LONDON: Sterling steadied close to a seven-year high against the euro and trimmed losses against the dollar on Friday, helped by a rise in British retail sales on a day dominated by the single currency's biggest collapse in more than three years. By late afternoon in London, the pound had clawed its way back after a fall to an 18-month low below $1.50. It was up almost 1 percent on the day at 75.085 pence ...


Index Closing Chg%
Arrow DJIA 17,164.95 1.45
Arrow Nasdaq 4,635.24 1.03
Arrow S&P 1,994.99 1.30
Arrow FTSE 6,749.40 0.90
Arrow DAX 10,694.32 0.41
Arrow CAC-40 4,604.25 0.59
Arrow Nikkei 17,674.39 0.39
Arrow H.Seng 24,507.05 0.36
Arrow Sensex 29,182.95 1.68

ICT 2014

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