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Dollar rates slip on more cash supply  NEW YORK: Investors charged banks and bond dealers less to borrow dollars on Tuesday as they showed more willingness to part with cash on hopes the world's top economies make progress in containing the euro zone's debt crisis. Finance ministers from the Group of Seven major economies talked about steps towards a financial and fiscal union in Europe, the US Treasury Department said on Tuesday after G7 finance chiefs held an emergency call on the region's debt problem. The urgency for a solution to the crisis has intensified as cash-strapped Spain said its access to credit markets was drying up. Hopes for a comprehensive plan to the euro zone debt crisis led some investors to release more cash to lend in the $1.6 tri-party repurchase agreement market, traders and analysts said. "We have seen a bit more cash coming into the market," said Raymond Gilmartin, head of repo trading at Bank of Nova Scotia ...

Euro rises as investors pare bearish bets on euro zone hopes NEW YORK: The euro rebounded from last week's record lows against the dollar and yen on Monday as investors pared bearish bets on hopes that European authorities will seek greater fiscal integration within the euro zone. The euro, which was ripe for a bounce given a recent record high in net speculative short positioning, was buoyed by news that France and the European Commission signaled their support for an ambitious plan to use the euro zone's ...
Poor US jobs data batters dollar  NEW YORK: The dollar slipped against other major currencies Friday after a dismal US jobs report showed the world's largest economy added only 69,000 jobs in May, raising global growth fears. The unexpectedly bad US labor data hammered US and European stock markets and crude oil prices, but gave the euro a boost despite rising concerns about the eurozone debt crisis. The euro was traded at $1.2423 around 2100 GMT, up from $1.2361 at the same time ...
Most Latam currencies fall on global growth worries  MEXICO CITY: The Brazilian currency fell on Friday after disappointing domestic growth data along with weak economic reports from the United States and China stoked fears the global economic recovery may be faltering. Data showing US job growth slowed sharply in May weighed on Latin American markets already spooked by the euro zone's debt woes. Brazil's real depreciated 1.48 percent to 2.0468 against the greenback. Meanwhile, Brazil's economy grew a paltry 0.2 percent in the first quarter compared ...
C$ dives, bond yields sink to record  TORONTO: Canada's dollar hit its weakest level in six months on Friday and longer-term bond yields tumbled to record lows as investors fled riskier trades after weak North American economic data added to worries about stumbling global growth. Canada's dollar touched a low of C$1.0443 against the greenback, or 95.76 US cents, its lowest level since late November after a disappointing US jobs report. The data, which showed jobs growth in May at its weakest in a ...
European fiscal woes sink euro against dollar, yen  NEW YORK: The euro weakened on Thursday against the US dollar in a volatile session punctuated by concerns over Spain's banking sector and disappointing US economic data that at one point sent the common currency to a fresh 23-month low. The euro also hit an 11-1/2-year low against the rallying Japanese yen. A report by Dow Jones that said the International Monetary Fund was discussing a contingency plan for a rescue loan to bail out Spain's third ...
C$ slides to 5-month low; bond yields drop  TORONTO: Canada's dollar slumped to a five-month trough against the US dollar on Thursday and longer-term bond yields hit record lows as investors shunned riskier trades on signs of soft US growth and worries about Spain's debt troubles. The Canadian currency touched C$1.0366 against its US counterpart, or 96.47 US cents, its weakest since Dec. 20. The commodity-linked currency weakened after US data suggested the labor market recovery there was stalling after a strong performance early in ...

 



 
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