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Dollar-euro holds in narrow range after Easter break NEW YORK: Major currencies were little-changed Tuesday after the end of the Easter holiday with little news to ease worries over the festering Ukraine crisis.The euro-dollar rate clung to the narrow range held over the past week, with the euro gaining slightly to $1.3804.The yen also move little, while the British pound scored modest gains. Kathy Lien of BK Asset Management said that the lack of economic news had contributed to the becalmed market.But she warned that volatility could increase in the coming days, especially with data expected in the next 24 hours."Three of this week's top six event risks are scheduled for release before the NY trading session," she said, pointing to inflation data from Australia, the HSBC purchasing managers index for China, and flash PMIs for the eurozone."For the past six trading days, there has been very little movement in the euro with the currency pair trapped within ...

Yen falls after big increase in Japanese trade deficit NEW YORK: The yen Monday dipped against the euro and the dollar following a big increase in the Japanese trade deficit, while the dollar advanced on the euro.In Tokyo, the government said Japan's trade deficit hit $14 billion (1.45 trillion yen) in March, compared with just 356.9 billion yen a year ago.The huge deficit came as a weaker yen increased the cost of imports, especially of fossil fuels, and was compounded by the fact consumers ...
C$ flat as investors search for catalysts TORONTO: The Canadian dollar was little changed against the greenback on Monday as investors found few catalysts to push the loonie in either direction, while trading was muted as some market participants were still away for Easter holidays.Some caution earlier in the day had given the currency a modestly negative tone as tension in Ukraine made investors risk-averse.An agreement reached last week to avert wider conflict in Ukraine appeared to be faltering, with pro-Moscow separatist ...
Mexico peso firms, Chile dips in thin trade MEXICO CITY: Latin American currencies traded mixed on Monday with Mexico's peso firming along with U.S. stock markets, while Chile's peso slipped amid bets of further interest rate cuts ahead.Trading was thin following the Easter holiday, with markets in Latin America's top economy Brazil still closed.Chile's peso slipped 0.11 percent in the first trading session since the country's central bank paused last Thursday after a recent cycle of interest rate cuts, but policymakers held the ...
euro rate flat, yen lower as Ukraine crisis simmers NEW YORK: The dollar-euro exchange rate was virtually unchanged for a second day Thursday while the yen slipped again amid worries about the simmering Ukraine crisis.A deal struck in talks in Geneva between the US, European Union, Ukraine and Russia to ease the crisis took some of the short-term worries out of the market, where traders in many forex centers including London and New York were to start the Easter weekend holiday on Friday.The parties ...
Euro-dollar flat as Yellen reiterates cautious Fed view NEW YORK: The US dollar overcame early losses Wednesday to end flat against the euro while the yen slipped back as Janet Yellen underscored the Federal Reserve's cautious path forward.At 2100 GMT the euro was at $1.3815, compared to $1.3813 late Tuesday. During the day it rose as high as $1.3851 before succumbing to selling.Helping the dollar's rebound was confident talk from the Federal Reserve on growth slowly picking up after a harsh winter. The ...
Dollar edges lower against euro ahead of Yellen comments NEW YORK: The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.Traders expect Yellen to strike a more dovish tone in afternoon comments before the Economic Club of New York. Minutes from the latest Fed policy meeting released last week were viewed ...

 



 
Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln