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Yen strengthens ahead of US jobs report TOKYO: The yen strengthened on Friday as nervous investors pushed into safer assets ahead of a closely watched US jobs report later in the day and amid ongoing concerns about China's slowing growth.In Tokyo, the dollar slid to 119.17 yen from 120.01 in New York while the euro weakened to 132.70 yen from 133.53 yen.The euro edged up to $1.1135 from $1.1127, but was still under pressure following losses Thursday that came after the European Central Bank's cut its growth and inflation estimates and said it could expand its stimulus programme to battle deflation.Friday's US payrolls report could be used by the Federal Reserve's policy committee to determine whether or not to start lifting interest rates -- for the first time since 2006 -- when it meets in the middle of this month.However, the bank's decision has been muddied by the Chinese economic crisis, which has rattled markets from Asia ...

Sri Lankan rupee at record low after state bank raises dollar peg COLOMBO: The Sri Lankan rupee closed at an all-time low on Thursday as a state-run bank, through which the central bank usually directs the market, raised the currency's peg against the dollar by 25 cents to allow the exchange rate to depreciate. The rupee ended 0.19 percent weaker at 134.75 per dollar compared with Wednesday's close of 134.50, the previous all-time low. "There was huge pressure on the rupee due to heavy importer dollar demand," ...
Dollar firms as investors shift focus on US jobs data TOKYO: The dollar firmed against the euro and yen in Asia Wednesday as optimism grew over the health of the US economy.But the resource-dependent Australian dollar hit six-year lows, with evidence mounting that Chinese growth is slowing.The US unit was trading at 120.33 yen in Tokyo late morning trade, up from 119.51 yen in New York on Tuesday.The euro fetched $1.1265 and 135.56 yen against $1.1313 and 135.20 yen.US Jobs figures for August, to be ...
Dollar weakens further in Asia TOKYO: The dollar lost ground for a second day Tuesday in line with a fall in Asian shares, as concerns about the global economy clouded the outlook for a long-awaited US Federal Reserve rate hike.In Tokyo trade, the dollar weakened to 120.62 yen from 121.24 yen late Monday in New York.The euro was mixed at $1.1269 and 135.93 yen from $1.1213 and 135.95 yen in US trade.Investors are looking for clues as to when the ...
Sri Lankan rupee ends weaker ahead of central bank policy meeting COLOMBO: The Sri Lankan rupee closed lower for a second straight session on Monday as a state-run bank, through which the central bank usually directs the market, raised the currency's peg against the dollar ahead of a monetary policy meeting. The Central Bank of Sri Lanka is expected to keep its policy rates unchanged at record lows at its policy meeting later in the day, a Reuters poll showed. The state-run bank raised the rupee's ...
Dollar's rate rise rally fizzles as China fears weigh TOKYO: The dollar slipped against the yen and euro Monday on fears that China's economic malaise could drag on global growth, reversing a rally that had been fuelled by hopes of a September US rate rise.In Tokyo afternoon trade, the dollar weakened to 121.10 yen from 121.52 yen late Friday in New York.The euro rose to $1.1249 and 136.24 yen from $1.1188 and 135.97 yen in US trade. Speaking at the weekend on the sidelines ...
Sri Lankan rupee falls after state-run bank raises dollar peg COLOMBO: The Sri Lankan rupee fell on Friday as a state-run bank, through which the central bank usually directs the market, raised the currency's peg against the dollar by 15 cents, allowing the exchange rate to depreciate to 134.30. The local currency ended 0.11 percent weaker at 134.30 per dollar compared with Thursday's close of 134.15. The market had expected the central bank to allow the rupee to depreciate further, in line with other regional ...

 



 
IndexClosingChg%
ArrowDJIA 16,102.38 1.66
ArrowNasdaq 4,683.92 1.05
ArrowS&P 1,921.22 1.53
ArrowFTSE 6,042.92 2.44
ArrowDAX 10,038.04 2.71
ArrowCAC-40 4,523.08 2.81
ArrowNikkei 17,792.16 2.15
ArrowH.Seng 20,840.61 0.45
ArrowSensex 25,201.90 2.18





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln