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Dollar retreats as mixed US data blurs rate outlook NEW YORK: The dollar fell from three-week highs against the yen and one-week peaks versus the euro as a mixed batch of U.S. economic data added to uncertainty about the pace of future interest rate increases.A better-than-expected report on the U.S. services sector for April was offset by a wider-than-anticipated trade deficit. The dollar initially rallied on the service sector survey, but came crashing back down.In addition, another report on Tuesday showed the pace of expansion in the U.S. services sector eased from a seven-month high in April on a dip in new business growth.The dollar had started to regain ground in the last few days on signs the U.S. economy was starting to recover after a soft patch earlier in the year."I think people are realizing that the first quarter is a bigger hole to climb out of and into the second quarter and therefore there is the view ...

C$ strengthens after trade data, higher crude TORONTO: The Canadian dollar strengthened against its US counterpart on Tuesday, supported by stronger crude prices and following data that showed a jump in Canada and the United States' trade deficits.A record trade deficit of C$3.02 billion ($2.50 billion) in March initially sent the loonie into sharp retreat, but the currency quickly recouped losses, strengthening to a session high.Investors also digested US trade numbers, which showed the deficit surged to its highest level in nearly ...
C$ rallies, but awaiting Friday's key jobs data TORONTO: The Canadian dollar rallied more than half a cent against its US counterpart and also strengthened against other major currencies on Monday as crude prices continued to trend higher.Still, the Canadian dollar traded within recent ranges, as market participants awaited key employment data from both the United States and Canada, due on Friday.Brent crude touched a 2015 high earlier in the session prior to retreating, while US crude ended just shy of $59 a ...
Dollar rises on light trade, Swedish crown jumps NEW YORK: The dollar rose for a second straight session on Monday in thin trading, after data suggesting the U.S. economy might be stabilizing following a soft patch in the first quarter helped the dollar recover after a two-week drop.The greenback moved in tight ranges against major currencies as trading was thinned by market holidays in Britain and Japan.The dollar index gained about 0.7 percent on Friday after data showed a jump in consumer sentiment ...
Dollar up vs yen on US data; but index posts worst month in 4 years NEW YORK: The dollar rose against the Japanese yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.Following the upbeat U.S. data, the dollar trimmed its losses against the euro, which had earlier climbed to a two-month peak.That said, the dollar still posted its worst monthly performance in four years against ...
Dollar advances vs yen on upbeat US data NEW YORK: The dollar gained against the yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.Following the upbeat U.S. data, the dollar trimmed its losses against the euro, which had earlier climbed to a two-month peak.That said, the dollar was on track for its worst monthly performance in four years ...
Dollar crumbles, falls to nine-week low as US GDP disappoints NEW YORK: The dollar dropped to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve.Benefiting from the dollar's losses, the euro climbed to an eight-week peak, buoyed by data showing a euro zone recovery gathering pace.The dollar index, a gauge of the greenback's value against major currencies, hit its ...

 



 
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