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euro-NEW YORK: The euro fell against the dollar and hit a session low in early New York trade on Thursday after European Central Bank President Mario Draghi began his press conference after the bank's decision to keep interest rates at 0.75 percent.


Draghi said economic growth in the euro zone is expected to remain weak and that inflation is likely to remain above 2 percent this year before falling below that level in 2013.


The euro slid as low as $1.2716 on Reuters data, and was last at $1.2733, down 0.3 percent on the day.


Copyright Reuters, 2012


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln