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Dollar eases in Asia after weak China data TOKYO: The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.In Tokyo afternoon trading, the greenback slipped to 106.59 yen against 106.92 yen in New York.The euro rose to $1.2810 from $1.2800, while it weakened to 136.54 yen from 136.86 yen in the US.Traders moved into the yen -- seen as a safe-haven currency in times of turmoil or uncertainty -- as official data showed China's gross domestic product expanded 7.3 percent year-on-year in July-September, slumping to a five-year low despite official efforts to shore up growth in the world's second-largest economy.The third-quarter figure announced by the National Bureau of Statistics (NBS) was lower than the 7.5 percent expansion in the previous three months, but exceeded the median forecast of 7.2 percent in an AFP survey of 17 economists.It is the slowest since the 6.6 percent expansion recorded in the first quarter ...

China's yuan touches 7-month high after better-than-expected Q3 growth SHANGHAI: China's yuan rose against the dollar on Tuesday, matching a seven-month high of 6.1209 reached last week right after the government posted slightly better-than-expected economic growth for the third quarter.The spot market opened at 6.1241 per dollar, and was changing hands at 6.1217 at midday, 0.02 percent firmer than the previous close.Before trading began, the People's Bank of China (PBOC) set its midpoint rate at 6.1410 per dollar, up 0.04 percent from the previous ...
Dollar steady as currency majors brace for China data TOKYO: The US dollar started on a steady footing on Tuesday, as foreign exchange markets braced for a batch of Chinese economic indicators amid lingering investor worries over signs of a slowdown in Asia's economic powerhouse and global growth.The China data could influence investors' perception on the US Federal Reserve's monetary policy track, and by extension, the fate of the US dollar. "Because slowdown in China is one major reason behind investor concerns on global ...
India rupee gains for second day; election results cheer MUMBAI: The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms.India's government lifted diesel price controls and raised the cost of natural gas on Saturday, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs.Prime Minister Narendra Modi's ...
Sri Lanka rupee forwards slip on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while the spot rupee was not traded, with dealers saying the central bank prevented banks through moral suasion from trading the cash currency above 130.70.The three-day forwards, actively traded in the absence of spot, ended at 130.85/95 per dollar, compared with Friday's close of 130.80/85."Importer dollar demand is there, but people are reluctant to buy the spot currency because of the ...
Sri Lanka rupee forwards edge down on importer dollar demand COLOMBO: Sri Lankan rupee forwards weakened on Monday due to importer dollar demand, while the spot rupee was untraded, with dealers saying the central bank prevented banks through moral suasion from trading the cash currency above 130.70.Three-day forwards, actively traded in the absence of spot, were at 130.80/90 per dollar at 0635 GMT compared with Friday's close of 130.80/85.The spot currency was neither traded nor quoted. It ended at 130.60/80 on Friday."Importer (dollar) demand is ...
Dollar up in Asia as stock markets rally TOKYO: The dollar strengthened against the euro and yen in Asia on Monday, in line with a regional equities rally after a surge on Wall Street at the end of last week.In Tokyo afternoon trading, the greenback bought 107.26 yen against 106.78 yen in New York, and sharply higher than the 106.22 yen earlier Friday in Asia.The euro was at $1.2755 compared with $1.2759 in US trade while it rose to 136.81 yen from 136.28 ...

 



 
IndexClosingChg%
ArrowDJIA 16,614.81 1.31
ArrowNasdaq 4,419.48 2.40
ArrowS&P 1,941.28 1.96
ArrowFTSE 6,372.33 1.68
ArrowDAX 8,886.96 1.94
ArrowCAC-40 4,081.24 2.25
ArrowNikkei 14,804.28 2.03
ArrowH.Seng 23,088.58 0.08
ArrowSensex 26,575.65 0.55





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln