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Euro stabilizes on Ukraine ceasefire talk NEW YORK: The euro stabilized against most major currencies on Wednesday on speculation of a possible ceasefire in eastern Ukraine, offering some comfort to the euro zone economy which has borne the brunt of the impact of the conflict.The common currency rose from its one-year low versus the dollar after Ukraine's President Petro Poroshenko said an agreement was reached with his Russian counterpart Vladimir Putin for a "permanent ceasefire" in eastern Ukraine's Donbass region.However, the Kremlin said Putin and Poroshenko had agreed on steps towards peace in eastern Ukraine, but a ceasefire had not been agreed between Moscow and Kiev because Russia is not a party to the conflict.The mixed messages caused some confusion, but most investors were relieved by signs both countries were moving towards peace."The headlines are offering some comfort to the euro," said Ian Gunner, portfolio manager at Altana Hard Currency Fund in London.The euro last traded ...

C$ strengthens after neutral Bank of Canada TORONTO: The Canadian dollar strengthened against the greenback on Wednesday after the Bank of Canada repeated its neutral policy stance, even as it highlighted new concern over the stretched household sector.The loonie had already been trading higher heading into the statement, benefiting from stronger risk appetite in broader markets as investors were hopeful for a de-escalation of tensions between Ukraine and Russia.But the currency extended gains to hit a session high following the Bank of ...
Euro-dollar flat, pound hit by Scottish poll NEW YORK: The euro-dollar exchange rate held steady Tuesday despite improved US data on construction and manufacturing, with traders focusing on Thursday's European Central Bank policy meeting.Meanwhile the pound took a hit after a poll showed Scottish independence advocates had a chance to win the September 18 referendum on breaking from the United Kingdom.The euro was at $1.3132, a pinch above Monday's close, on hold for the ECB's response to a steady stream of poor ...
Canadian dollar weaker ahead of central bank rate decision TORONTO: The Canadian dollar weakened against the greenback on Tuesday to its lowest level in nearly a week, hurt by broad strength in its US counterpart, while investors looked ahead to a monetary policy statement from the Bank of Canada due on Wednesday.The decline saw the loonie unwind some of last week's rally and took it through the closely watched C$1.09 level. The Canadian dollar rose 0.6 percent last week, lifted by a number of ...
Euro hits 1-year low vs dollar on ECB bets; sterling falls NEW YORK: The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the European Central Bank will do more to help a wobbly euro zone economy, while the pound fell to a near five-month low versus the greenback on worries about a Scottish secession.The dollar rose against a basket of major currencies, hitting its highest since July 2013. It traded above 105 yen for the first time in eight months on ...
Dollar jumps after US data; bond prices slump NEW YORK: The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong US economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.US manufacturing activity rose to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in the latest signs of the US economy's ...
Solid US data lifts dollar vs. euro, yen NEW YORK: The dollar rose against the euro and the yen Friday as traders appeared to look past a disappointing US consumer spending report to focus on mostly brighter economic data.A small, unexpected fall in US consumer spending in July the first drop in six months made little impression on the market. US data has been mostly upbeat this week, in contrast to persistent weakness in the eurozone economy."The US dollar is seeing long-term sentiment ...

 



 
Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln