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Turkish lira weakens beyond 2 per dollar for first time ISTANBUL: The Turkish lira weakened to record lows on Tuesday, falling beyond 2 to the dollar for the first time.The lira was at 2.0061 against the dollar by 0449 GMT after dropping as low as 2.0095 earlier and from 1.9918 late on Monday.Copyright Reuters, 2013 ...

South Korea won's losses limited as local exporters eyed SEOUL: The South Korean won fell early in Tuesday's session, pressured by broad dollar strength offshore, but is expected to tread water as investors remain wary of possible dollar sales from local exporters for month-end settlements.The local currency was quoted at 1,115.9 against the dollar as of 0230 GMT, down a third of a percent from Monday's onshore close at 1,112.7 and after two days of gains."Offshore players are buying dollars, but they're not strong ...
Indian rupee weakens towards record lows; yields inch up MUMBAI: The Indian rupee weakened to 65 to the dollar in opening trade on Tuesday, not far from its record low of 65.56 reached last week, as the lower house of Parliament approved a plan worth nearly $20 billion to provide cheap grain to the poor.The Food Security Bill is a key part of the ruling Congress party's strategy to win re-election.The partially convertible rupee was trading at 65.21/25 per dollar at 0904 India time ...
China's yuan set for monthly gain, mild appreciation seen ahead HONG KONG: China's yuan steadied against the dollar on Tuesday but looked set for a second consecutive monthly gain in August as investors turn more optimistic toward the currency amid signs the economy is stabilising.The yuan has gained 1.7 percent so far this year, the only currency to appreciate against the dollar among Asian emerging market currencies and bucking a weakening trend in the region.Spot yuan changed hands around 6.1220 per dollar near midday, up ...
Sri Lanka rupee falls to near 1-year low COLOMBO: The Sri Lankan rupee fell to a near one-year low against the dollar on Monday due to importer demand for the greenback amid renewed selling of government bonds by foreign investors.The market expects the rupee to depreciate further with exporters holding onto dollars and foreign investors gradually exiting treasury bonds.Dealers said banks switched to one-day currency forwards in an inactive spot market.The spot rupee fell to 132.80 per dollar, its lowest since Sept. 14, ...
China's yuan at 1-week high as economy seen turning a corner HONG KONG: China's yuan rose to a one-week high on Monday as a stronger fixing and signs that the economy is stabilising fuelled a rebound in capital flows towards Chinese assets.The renminbi has proved to be a beneficiary from growing worries about the ability of some Asian policymakers to defend their currencies in the face of spreading aversion towards emerging market assets, particularly towards countries which have deteriorating economic fundamentals.It briefly rose to 6.1176 per ...
Emerging Asia currencies up after poor US data TOKYO: Currencies continued their will-they-won't-they dance over the Federal Reserve stimulus drawdown in Asian trade Monday after poor US new-home data offered some support to emerging market units.The Indian rupee, which tumbled to a record low of 65.56 to the dollar last week, fetched 64.23 to the dollar in Tokyo morning trade against 64.45 Friday afternoon.The Indonesian rupiah edged up to 10,770 from 10,963.Against the yen, the greenback slipped to 98.51 from 98.71 yen in ...


Index Closing Chg%
Arrow DJIA 16,380.41 1.63
Arrow Nasdaq 4,258.44 0.97
Arrow S&P 1,886.76 1.29
Arrow FTSE 6,310.29 1.85
Arrow DAX 8,850.27 3.12
Arrow CAC-40 4,033.18 2.92
Arrow Nikkei 14,532.51 1.40
Arrow H.Seng 23,023.21 0.53
Arrow Sensex 26,108.53 0.42

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln