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Dollar index to rise into 83.16-83.373 range SINGAPORE: The dollar index is expected to rise into a range of 83.16-83.373 in a week, as it has broken a resistance at 82.662.The resistance had been formed at the 138.2 percent Fibonacci projection level of an upward wave c. The next resistance will be at 83.16, the 161.8 percent level.A Fibonacci retracement on the fall from the July 9, 2013 high of 84.753 to the May 8 low of 78.906 reveals the index has climbed above 82.519, the 61.8 percent level and may extend its gain to the 76.4 percent level of 83.373.A break below 82.662, now a support, could trigger a loss into a range of 82.353-82.519.Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own.No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or ...

Sri Lankan rupee ends steady in low trade COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Tuesday as inward remittances and sales of the greenback by exporters offset demand from importers, dealers said.They expect the local currency to remain steady for the rest of the year after central bank Governor Ajith Nivard Cabraal said recently the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable.The rupee closed unchanged at 130.20/21 per dollar."The rupee ...
Indian rupee sees biggest fall in 3 weeks on broad dollar gains MUMBAI: The Indian rupee weakened for a fourth consecutive session on Tuesday, dropping the most in three weeks, tracking weaker Asian currencies amid caution ahead of key events including a European Central Bank meeting and U.S. monthly jobs data.Data showing the April-June current account deficit widening from the previous quarter due to rising imports hit sentiment at first, although traders later said the gap was still within the comfort zone.Sentiment was also soothed after India's ...
Strong dollar hurts Asian FX; ringgit, won lead losses SINGAPORE: The Malaysian ringgit and the South Korean won led losses among emerging Asian currencies on Tuesday as the dollar's broad strength caused investors to book profits from recent gains in the regional units against the greenback.Offshore funds sold the ringgit and the won , two of the best-performing emerging Asian currencies in August.However, the won hit a six-year high against the yen and South Korea's foreign exchange authorities were suspected of intervening to stem ...
Sri Lanka rupee steady; seen flat COLOMBO: The Sri Lankan rupee traded steady against the dollar on Tuesday as inward remittances and sales of the greenback by exporters offset demand from importers, dealers said. The dealers expect the local currency to remain steady for the rest of the year after central bank Governor Ajith Nivard Cabraal said recently the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable. The rupee was trading at 130.20/21 per ...
Dollar tests 2014 high vs yen, euro stays under pressure TOKYO/SYDNEY: The dollar took advantage of thin conditions to overcome an options barrier and ascend to its highest level since January against the yen on Tuesday, while the languishing euro plumbed one-year lows against the greenback on expectations of easier euro zone policy ahead. The moves followed a mostly aimless session overnight with market activity subdued due to the Labor Day holiday in the United States. "Today was very kind to people who are bullish ...
Dollar, euro surge against yen in Asian trading TOKYO: The dollar and euro rallied against the yen in Asia on Tuesday as Japanese central bank policymakers prepare to meet, under pressure to launch more economic stimulus as the economy falters.In midday Tokyo trade, the dollar jumped to 104.82 yen, its highest level since January, and up from 104.27 yen in Europe, while the euro surged to 137.47 yen against 136.94 yen. US markets were closed Monday for the Labor Day weekend.The greenback also ...

 



 
IndexClosingChg%
ArrowDJIA 17,098.45 0.11
ArrowNasdaq 4,580.27 0.50
ArrowS&P 2,003.37 0.33
ArrowFTSE 6,825.31 0.08
ArrowDAX 9,479.03 0.09
ArrowCAC-40 4,379.73 0.03
ArrowNikkei 15,476.60 0.34
ArrowH.Seng 24,752.09 0.04
ArrowSensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln