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China outstanding QFII quota at $70bn at end February BEIJING: The outstanding amount of China's dollar-denominated Qualified Foreign Institutional Investor (QFII) programme rose to $69.7 billion at the end of February, China's currency regulator said on Friday.The quota was worth $68 billion at the end of January. The QFII programme was created years ago by China to allow foreigners to invest in Chinese capital markets.Norges Bank, Norway's central bank which manages the country's sovereign wealth fund, was given another $1 billion QFII quota in February, taking its total quota to $2.5 billion, the largest among investors outside China.Hong Kong's central bank also hold a $2.5 billion QFII quota.South Korea's central bank was given a $900 million quota in February.Copyright Reuters, 2015 ...

Dollar eases in Asia after US inflation rally TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of the US economy, which could ease the way for the Fed to hike interest rates.In Tokyo, the dollar weakened to 119.17 yen from 119.42 yen in New York, although it was still higher than 118.97 yen seen in Tokyo earlier Thursday.The euro rose to $1.1213, from $1.1198, but it slipped to 133.62 yen from 133.72 ...
China's yuan falls to 2-year low, raising spectre of devaluation HONG KONG: China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questions about whether the world's second-largest economy will devalue its currency to avert a sharper economic slowdown.Central banks around the world are easing policy to support growth and prevent deflationary pressures from building up. With fears of a global currency war rising, all eyes in Asia are focused on what China will do as it ...
Dollar eases in Asia after US inflation rally TOKYO: The dollar eased Friday after rallying on inflation data that pointed to rising price pressures in some areas of the US economy, which could ease the way for the Fed to hike interest rates.In Tokyo, the dollar weakened to 119.27 yen from 119.42 yen in New York, although it was still higher than 118.97 yen seen in Tokyo earlier Thursday.The euro rose to $1.1206, from $1.1198, but it slipped to 133.65 yen from 133.72 ...
Sri Lankan rupee ends steady on dollar selling by banks COLOMBO: Sri Lankan rupee forwards recovered to end steady on Thursday after falling intraday as dollar selling by banks late in the day erased early losses.One-week forwards, which fell to 133.50/60 per dollar in early trade, ended steady at 133.40/45, as dollar sales by banks offset importer demand for the greenback earlier in the day, dealers said.The spot currency ended steady at 132.90/133.10 per dollar for a fifth straight session, keeping to the limits set ...
China's yuan stays weak amid speculation more easing moves ahead HONG KONG: China's currency remained weak on Thursday as investors anticipated that deflationary pressures and a slowing economy will make authorities cut interest rates again in coming months, which would erode key support for the renminbi.Since last week's break below the 200-week moving average against the dollar, the yuan has slipped further. In recent days, it has also stayed very close to the bottom of its trading band.On Thursday, spot yuan opened at 6.2598 per ...
Dollar inches up after falls on Yellen testimony TOKYO: The dollar made up lost ground against the yen Thursday after falling when Federal Reserve Chair Janet Yellen hinted the central bank was in no hurry to raise rates.The greenback fetched 118.97 yen in Tokyo afternoon trade, up from 118.86 yen in New York Wednesday afternoon.The euro bought $1.1370 against $1.1360 while edging up to 135.26 yen from 135.02 yen.Markets have been rife with speculation over when this year the US central bank will ...

 



 
Index Closing Chg%
Arrow DJIA 18,214.42 0.06
Arrow Nasdaq 4,987.89 0.42
Arrow S&P 2,110.74 0.15
Arrow FTSE 6,949.73 0.21
Arrow DAX 11,327.19 1.04
Arrow CAC-40 4,910.62 0.58
Arrow Nikkei 18,785.79 1.08
Arrow H.Seng 24,902.06 0.50
Arrow Sensex 28,746.65 0.90







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln