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Dollar slips in Asia ahead of US sales data TOKYO: The dollar slipped in Asia Thursday ahead of the release of US retail sales data seen as key to gauging the strength of the world's biggest economy.In afternoon Tokyo trade, the greenback bought 102.06 yen, from 102.50 yen in New York Wednesday.The euro fetched $1.3608 and 138.92 yen, against $1.3593 and 139.33 yen, after dovish comments from a European Central Bank (ECB) board member.With few trading cues, attention turned to the January US sales data later Thursday after poor jobs figures cast doubt on the strength of the US recovery. "(Retail sales) have been relatively stable, but the January outcome is forecast to be a little softer. The weather may play a part," National Australia Bank said, referring to severe winter storms slamming the country."The weather distortions, both in the US (freezing/snow) and the UK (flooding) are likely to keep market participants, and central banks, guessing in regards to ...

Yen weakness drags on Hermes Q4 sales growth PARIS: French luxury goods maker Hermes posted a 4.6 percent rise in fourth-quarter sales thanks to solid demand for its leather handbags, silks and ready-to-wear ranges, across regions, although yen weakness weighed on growth. The maker of Birkin bags and printed silk scarves said on Thursday sales in the three months reached 1.09 billion euros ($1.48 billion), with a rise at constant exchange rates of 11 percent, undershooting analysts' expectations of 12 percent and down ...
Sri Lanka rupee weaker on importer dollar demand; premiums up COLOMBO: The Sri Lankan rupee traded weaker on Thursday on importer dollar demand which outpaced thin greenback sales by exporters, forcing banks to switch to forward trades, dealers said. Dealers said the forward market was active as banks did not trade the spot rupee above 130.85 per dollar -- a level seen as desirable by the central bank. A state bank, through which the central bank directs the market, has been defending the 130.85 level ...
South Korea won inches down on intervention worries, importers SEOUL: The South Korean won edged lower in early domestic trade Thursday, giving up some of the previous day's gains on concern local authorities might intervene to slow the currency's gains and on importers' dollar demand.The local currency was quoted at 1,064.0 against the dollar as of 0242 GMT, compared with Wednesday's domestic closing level of 1,062.4.Dealers said investors are cautious about potential intervention by authorities to slow the won's rebound. The currency is up ...
China's yuan slips amid signs of central bank intervention, ignores strong trade data SHANGHAI: China's yuan edged lower against the dollar on Thursday as traders reported lower-than-expected corporate dollar sales despite data showing an unexpectedly large trade surplus in January.Spot yuan changed hands at 6.0651 per dollar at midday, 0.04 percent weaker than Wednesday's close. The exchange rate fluctuated within a narrow range between 6.0640 and 6.0662 during morning trade.The dip in the yuan's value tracked the central bank's daily midpoint, which was set at 6.1100, 0.04 percent ...
Dollar slips in Asia ahead of US sales data TOKYO: The dollar slipped in Asia Thursday ahead of the release of US retail sales data seen as key to gauging the strength of the world's biggest economy.In late morning Tokyo trade, the greenback bought 102.31 yen, from 102.50 yen in New York Wednesday.The euro fetched $1.3610 and 139.25 yen, against $1.3593 and 139.33 yen, after dovish comments from a European Central Bank (ECB) board member. With few trading cues, attention turned to the January ...
Yuan flat after strong trade surplus; traders expect stability SHANGHAI: China's yuan was little changed on Wednesday, with traders saying that supply and demand for yuan is roughly in balance despite data showing a larger-than-expected trade surplus in January.Spot yuan changed hands at 6.0617 per dollar at midday on Wednesday, 0.02 percent weaker than Tuesday's close. The exchange rate fluctuated within a narrow range between 6.0625 and 6.0603 during morning trade.The tiny fall in the yuan's value closely tracked the central bank's daily midpoint, ...

 



 
Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln