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Yen steady versus dollar, markets still cautious on Syria SINGAPORE: The safe-haven yen held steady versus the dollar on Thursday after setting a three-week high the previous day due to jitters over the possibility of Western military action in Syria.The yen had surged earlier in the week as investors scrambled for safety amid heightened geopolitical tensions. That had sent the dollar down to a low of 96.81 yen on Wednesday, the greenback's lowest level versus the yen since Aug. 12.The dollar later gained some reprieve versus the yen, and last stood at about 97.63 yen, steady from late US trade on Wednesday.A bounce in risky assets helped to support the dollar against the yen, with Asian shares rising 1 percent .The greenback, however, was capped versus the yen due to dollar-selling by Japanese players, said a trader for a European bank in Tokyo, adding that there seemed to be some dollar-selling by Japanese exporters ahead of the month-end.The Australian ...

Turkish lira falls despite bank action ANKARA: The Turkish lira fell further against the dollar on Wednesday, despite assurances by the central bank and amid tension over Syria.The lira fell to 2.07 to the dollar in afternoon trading, then regained some ground to close at 2.0605, from 2.0382 at Tuesday's close. The Istanbul stock market edged down by 0.10 percent, having dropped by 4.73 percent Tuesday, 1.24 percent on Monday and by 6 percent last week. The lira has fallen slightly ...
Sri Lanka rupee hits record low; cenbank sees stability COLOMBO: The Sri Lankan rupee hit an all-time low on Wednesday amid panic buying by importers, dealers said, but the central bank governor said the moves were exaggerated by thin volumes and insisted the currency would stabilise soon."There have been one or two very, very small trades which is an aberration. It will stabilise during the course of the day," Governor Ajith Nivard Cabraal told Reuters.The rupee spot next or one day forward, which was ...
Indian unit hits record low as tensions rise over Syria TOKYO: Emerging currencies were hammered in Asia Wednesday as traders fled to safety on rising tensions over Syria, with the Indian rupee diving to a new low against the dollar.Despite Finance Minister P. Chidambaram appealing for market calm there appeared to be no end in sight to the precipitous decline of the Indian unit as it clunked to a record low of 68.74 to the dollar Wednesday afternoon against 65.32 a day earlier.The rupee has ...
Turkish lira slump ANKARA: The Turkish lira slumped to a record low on Tuesday, despite the central bank warning it has a war chest of up to $40 billion to defend the currency amid turmoil for emerging economies.The lira plunged to 2.0372 to the dollar at the close from 1.9920 late Monday when the central bank sold $350 million in defence of the lira. The Istanbul stock market closed down by 4.73 percent, having dropped 1.24 percent on ...
Indian rupee hits new record low, stocks dive MUMBAI: India's rupee plunged to a new low despite suspected central bank intervention and shares tumbled Tuesday on fears about the impact of massive new food subsidies on already strained finances.Asian shares and currencies were also hit on concerns over possible US military intervention in Syria, raising fears of a spurt in oil prices.The rupee, one of Asia's worst-performing currencies this year, fell to a lifetime low of 66.07 rupees to the dollar in afternoon ...
Sri Lanka rupee falls to near 1-year low on importer dollar demand COLOMBO: The Sri Lankan rupee traded weaker at a near 1-year low against the dollar on Tuesday on importer demand for dollars and renewed selling of government bonds by foreign investors.Dealers said banks again had to trade in the short-term forward market in the absence of an active spot-dollar market, as the central bank had discouraged state banks from trading the spot rupee beyond 132 to the dollar.The spot rupee fell to 132.90 per dollar ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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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 23, 2014
Reserves $13.465 bln