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Euro holds steady, awaiting Greek developments NEW YORK: Ongoing Greek debt talks sidelined currency investors on Thursday, demonstrating their unwillingness to take bold positions as deadlines for a deal come and go, leaving the euro unchanged against the greenback.Even upbeat U.S. economic data did little to help the dollar advance. U.S. consumer spending recorded its largest increase in nearly six years on strong demand for automobiles and other big-ticket items, bolstering evidence of gathering growth momentum in the second quarter."Watching Greek headlines. That's kind of holding markets back," said Vassili Serebriakov, currency strategist at BNP Paribas in New York."This week we have seen appetite to start rebuilding dollar long positions," he said. "Markets are feeling more confident that U.S. data is rebounding and the dollar will do well."The euro was down just 0.07 percent at $1.11970, hemmed in on the upside by the 20-day moving average of $1.1230 on the EBS trading platform.Earlier, the Swiss franc ...

C$ steady as markets await Fed decision TORONTO: The Canadian dollar was little changed against its US counterpart on Tuesday as a stronger greenback, bolstered in part by supportive housing-related data, offset a rise in US crude prices, while overall trading was extremely range-bound.US housing starts fell last month after a hefty increase the prior month, but a surge in permits for future construction to a near eight-year high signaled underlying strength in the market, which has seen prices and sales rising.The ...
Dollar up on Greece worries, US housing permits jump NEW YORK: The dollar rose against the euro on Tuesday, as worries Greece was tilting towards debt default dragged on the euro and U.S. housing data encouraged speculation that the Federal Reserve will soon raise interest rates.The euro was off 0.40 percent against the dollar. Other major currencies were little changed against the dollar, as Fed policymakers started a two-day meeting and ahead of a news conference and economic outlook statement due on Wednesday.Greek Prime ...
C$ dips against firmer greenback as markets await Fed TORONTO: The Canadian dollar softened against the US dollar on Tuesday as a stronger greenback, bolstered in part by supportive housing-related data, offset a moderate rise in US crude prices, but overall trading was extremely range-bound.US housing starts fell last month after a hefty increase the prior month, but a surge in permits for future construction to a near eight-year high signaled underlying strength in the market, which has seen home prices and sales rising.The ...
C$ weaker as Merkel comments boost greenback, oil slips TORONTO: The Canadian dollar softened further against the greenback on Friday as the US currency benefited from comments by German Chancellor Angela Merkel about the problem of a strong euro and the price of oil continued to slide.The euro sank on Friday after Merkel made a rare comment on exchange rates by saying a strong euro made it harder for countries like Spain and Portugal to reap the benefits of economic reform.World shares saw a ...
Dollar rises as US retail sales perk up, yen retreats NEW YORK: The dollar gained on Thursday, buoyed by a surge in US retail sales in May that could push Federal Reserve policymakers toward raising US interest rates as early as September. The dollar, which had traded weakly over the previous three days, was up as much as 1.1 percent against the yen after posting on Wednesday its biggest single-day drop in six months versus the Japanese currency. American consumers last month increased spending by ...
Dollar firms as traders eye US retail sales data NEW YORK: The dollar inched ahead on Tuesday, getting help from increasing US government bond yields and expectations that a Federal Reserve interest rate hike may come as early as September. The euro, which rose 1.5 percent against the dollar in a selloff of the greenback on Monday, was last down 0.12 percent at $1.1277 after trading as low as $1.1215.The dollar was also firmer against sterling and the Swiss franc but traded flat against ...

 



 
Index Closing Chg%
Arrow DJIA 17,619.51 0.13
Arrow Nasdaq 4,986.87 0.57
Arrow S&P 2,063.11 0.27
Arrow FTSE 6,520.98 1.50
Arrow DAX 10,944.97 1.25
Arrow CAC-40 4,790.20 1.63
Arrow Nikkei 20,235.73 0.63
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 27,780.83 0.49





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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%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln