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South Korea seen selling dollars to slow won slide SEOUL: South Korean foreign exchange authorities were spotted selling dollars late on Friday in an intervention aimed at slowing the won's slide, traders said.The won was trading at around 1,151.9 per dollar at 0543 GMT, far above a session low of 1,159.4. It was still down sharply from Thursday's domestic close of 1,145.7. Copyright Reuters, 2013 ...

Dollar steady in Asian trade after Fed rally TOKYO: The dollar was steady in Asia Friday after a rally fuelled by the US Federal Reserve's signal that it could start reeling in its stimulus scheme this year, while worries about China's economy spooked investors.In Tokyo, the greenback fetched 97.20 yen, compared with 97.27 yen in New York late Thursday.The euro gained to $1.3241 from $1.3223 in US trading, while it bought 128.68 yen compared with 128.62 yen .Despite softening from New York, largely ...
Yuan ends down on central bank guidance; NDFs fall sharply on growth worries SHANGHAI: China's yuan ended down slightly on Thursday after the central bank ignored gains in the dollar against other currencies in setting its dollar-yuan midpoint, signalling a preference for stability.Spot yuan finished at 6.1282 on Thursday, 0.02 percent softer than Wednesday's close.Similar to recent days, dealers reported resilient yuan demand, and the currency remains only 0.12 percent weaker than its all-time high of 6.1210 hit on June 3.The People's Bank of China (PBOC) fixed its ...
South Korea won, bonds end sharply lower on Fed comments SEOUL: The South Korean won and local bonds fell sharply on Thursday as investors repositioned to prepare for a reduction by the US Federal Reserve of its massive monetary easing programme later this year.The local currency was quoted at 1,145.7 against the dollar at the end of onshore trade, weakening 1.3 percent from Wednesday's domestic close of 1,130.8 and marking its weakest level since July 2012."I think the dollar-won rate could jump one more time ...
Dollar gains as US Fed hints at stimulus tapering TOKYO: The dollar strengthened in Asia Thursday, rallying on comments by the head of the US Federal Reserve that it could begin to scale back its monetary easing programme later this year.In afternoon Tokyo trade, the greenback climbed to 97.30 yen, up from 96.39 yen in New York late Wednesday.The euro slipped to $1.3255 from $1.3297 while it bought 129.26 yen from 128.24 yen.The dollar is likely to resume its upward trend against the yen ...
Yuan down slightly on central bank guidance; NDFs fall sharply on growth worries SHANGHAI: China's yuan edged down on Thursday after the central bank ignored gains in the dollar against other currencies to set its dollar-yuan midpoint, signalling a preference for stability.The People's Bank of China (PBOC) fixed its midpoint at 6.1698 per dollar on Thursday, only 0.03 percent weaker than Wednesday's 6.1677, despite an overnight jump of nearly 1 percent in the dollar index."According to the central bank's past operating style, it would be natural for it ...
Indian rupee gains ahead of US Fed MUMBAI: The Indian rupee rose on Wednesday, yet remained within close of its record low hit last week, as outflows from equity markets added to concerns about the funding of the current account deficit ahead of the US Federal Reserve's decision on its stimulus programme.Such concerns have compounded because of the likelihood of the Fed tapering its bond purchases, which could trigger an outflow from emerging markets.Foreign fund selling in Indian equities have picked up ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln