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Dollar's yen rally stalls in Asia TOKYO: The yen rose against the dollar Wednesday as a recent sell-off in the unit ran out of steam following mixed US economic data, while Japan's top central banker raised concerns about its weakness.In Tokyo, the greenback weakened to 117.76 yen from 117.97 yen in New York.The euro was also lower at $1.2471 and 146.94 yen compared with $1.2473 and 147.18 yen in the US, where it had rallied on news that Germany had narrowly averted falling into a recession.The US Commerce Department said Tuesday that third-quarter growth came in at 3.9 percent, up from a previous estimate of 3.5 percent and easily beating expectations for 3.2 percent.The figures are the latest showing the world's number one economy is on a healthy recovery track, while those in the eurozone and Japan struggle. However, the result was offset by figures showing consumer confidence dipped in November.On Tuesday, BoJ chief Haruhiko Kuroda ...

Dollar's yen rally stalls in Asia TOKYO: The yen edged up against the dollar Wednesday as a recent sell-off in the unit over the past month ran out of steam following mixed US economic data, while Japan's top central banker raised concerns about its weakness.In Tokyo, the greenback weakened to 117.81 yen from 117.97 yen in New York.The euro was also lower at $1.2472 and 146.94 yen compared with $1.2473 and 147.18 yen in the US, where it had rallied on ...
India rupee gains on corporate, custodian bank dollar sales MUMBAI: The Indian rupee gained on Tuesday after a volatile trading session as dollar selling by custodian banks and a large corporate helped offset importer demand for the greenback.Traders said gains were also helped by higher Asian currencies on the back of strength in the Japanese yen and a rebound in the Chinese yuan.But sentiment is expected to turn more cautious ahead of the upcoming July-September economic growth data on Friday and the Reserve Bank ...
Sri Lankan rupee forwards slip on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker on Tuesday due to importer dollar demand, with the central bank pegging its desired level for the currency through moral suasion, even as political uncertainty weighed ahead of the presidential polls next month, dealers said.The island nation's health minister, Mithripala Sirisena, said on Friday he would contest against President Mahinda Rajapaksa in the January 8 presidential poll. Since the poll was announced, six other legislators have defected.The spot ...
Yen edges up in Asia on BoJ chief comments TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact of its recent weakness on the country's struggling economy.In Tokyo afternoon trading, the dollar slipped to 117.93 yen from 118.25 yen in New York Monday, while the euro eased to 146.49 yen from 147.10 yen.The single currency, which rallied Monday in response to a pick-up in German business confidence, slipped back to $1.2425 ...
Yen edges up in Asia on BoJ chief comments TOKYO: The yen rose in Asia on Tuesday after the head of the Bank of Japan indicated concern about the negative impact of its recent weakness on the country's struggling economy.In Tokyo midday trading, the dollar slipped to 117.89 yen from 118.25 yen in New York Monday, while the euro eased to 146.51 yen from 147.10 yen.The single currency, which rallied Monday in response to a pick-up in German business confidence, slipped back to $1.2425 ...
India rupee weakens as state-run banks buy dollars; euro fall weighs MUMBAI: The Indian rupee weakened on Monday on sustained buying of dollars by state-run banks and importers even as most other Asian currencies rallied on hopes of more foreign flows after monetary stimulus measures in China and Europe. The sharp fall in the euro following the stimulus talks however weighed on rupee sentiment, dealers said. Traders expect currency markets to remain cautious ahead of the Reserve Bank of India's policy review on Dec. 2. The ...

 



 
Index Closing Chg%
Arrow DJIA 17,814.94 0.02
Arrow Nasdaq 4,758.25 0.07
Arrow S&P 2,067.03 0.12
Arrow FTSE 6,731.14 0.02
Arrow DAX 9,861.21 0.77
Arrow CAC-40 4,382.31 0.32
Arrow Nikkei 17,407.62 0.29
Arrow H.Seng 23,843.91 0.21
Arrow Sensex 28,338.05 0.57






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln