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C$ softens on weaker oil, disappointing China data OTTAWA: The Canadian dollar weakened against the greenback on Friday as oil prices slipped and as data showed service sector activity slowed in China, a major consumer of commodities.Investors were also wary of taking aggressive bets heading into Sunday's Greek referendum on the country's bailout terms with lenders. An opinion poll showed supporters of the terms have taken a slim lead.Talks between Greece and international lenders collapsed last weekend, causing Greece to miss a payment to the International Monetary Fund earlier this week. The fallout from the referendum could determine whether the country remains in the euro zone.A combination of the uncertainty surrounding Greece, dissapointing Canadian economic data and soft oil prices has seen the Canadian dollar lose more than 2 percent since last Friday.At 8:59 a.m. ET (1259 GMT), the Canadian dollar was trading at C$1.2584 to the greenback, or 79.47 US cents, weaker than the Bank of Canada's ...


Mixed US jobs report weighs on dollar TOKYO: The dollar was under pressure Friday following a mixed US jobs report that has investors questioning the likelihood of a September interest rate hike, while the euro was little changed ahead of this weekend's Greek bailout referendum.In Tokyo, the greenback bought 123.13 yen, marginally up from 123.07 yen in New York but down from 123.54 yen earlier Thursday in Asia.The euro held up at $1.1091 and 136.56 yen from $1.1086 and 136.43 yen.On Thursday, ...

C$ pulls back from 2-1/2-month low OTTAWA: The Canadian dollar touched a 2-1/2-month low against the greenback on Thursday before clawing back some gains as the currency continued to be dogged by uncertainty over the Greek crisis and reduced expectations for the Canadian economy.Investors remained on watch about Greece's fate a day after the country's prime minister urged Greeks to reject an international bailout deal in a referendum this weekend. Greece defaulted on its debt to the International Monetary Fund earlier ...

Dollar slips after US jobs data signals later Fed rate hike NEW YORK: The US dollar slipped against a basket of major currencies on Thursday after US jobs data lagged expectations, pushing out bets for a Federal Reserve rate hike to 2016, while caution ahead of this weekend's Greek referendum limited losses. Nonfarm payrolls increased by 223,000 last month, the Labor Department said.Adding to the report's soft note, April and May data was revised to show 60,000 fewer jobs were added than previously reported. While the ...

Sterling recovers from 2-week low on US jobs data, upbeat UK numbers LONDON: Sterling recovered from two-week lows against the dollar on Thursday, after a softer-than-expected US jobs report weighed on the greenback while a robust survey on UK construction sector underpinned the pound. US nonfarm payrolls increased 223,000 last month, the Labor Department said, falling short of expectations. Adding to the report's soft note, April and May data was revised to show 60,000 fewer jobs were added than previously reported. In addition, average hourly earnings were ...

Russian rouble edges higher; market awaits payrolls MOSCOW: Russia's rouble edged higher early on Thursday, reversing some of its losses from the previous session, as traders switched focus from Greece's debt crisis to US data later in the day.At 0740 GMT, the rouble was around 0.5 percent stronger against the dollar at 55.57 and 0.4 percent higher at 61.43 versus the euro.Market volumes were relatively thin as Russia starts to enter the holiday season when many traders are away from their desks.The ...

Sri Lankan spot rupee up as state bank lowers dollar selling rate COLOMBO: The Sri Lankan rupee traded firmer on Thursday as a state-run bank, through which the central bank usually directs the market, sold dollars at 133.60, 10 cents lower from the previous session's close, dealers said.The rupee traded at 133.60 per dollar, up from Tuesday's close of 133.70. Both currency and stock markets were closed for a holiday on Wednesday."The state bank sold dollars at a reduced price of 133.60," a currency dealer said."There is ...


 



 
Index Closing Chg%
Arrow DJIA 17,689.86 0.03
Arrow Nasdaq 5,128.28 0.01
Arrow S&P 2,103.84 0.23
Arrow FTSE 6,696.28 0.41
Arrow DAX 11,308.99 0.46
Arrow CAC-40 5,082.61 0.72
Arrow Nikkei 20,585.24 0.30
Arrow H.Seng 24,636.28 0.56
Arrow Sensex 28,114.56 1.48





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln