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Dollar holds steady in Asia TOKYO: The dollar held steady Monday following a surge last week on comments from Fed Chief Janet Yellen as Tokyo shares rebounded after hitting a six-week low.In midday trading, the greenback fetched 102.46 yen, rising from 102.23 yen in New York Friday.The euro was mixed, buying $1.3801 and 141.39 yen, compared with $1.3794 and 141.87 yen in US trade. Tokyo's Nikkei 225 stock index, which added 1.83 percent by the break, was lifted by the yen's weakening against the dollar, boosting exporters' profitability.Last week the greenback rose after Yellen said the central bank may raise its ultra-low federal funds rate around six months after winding up its asset-purchase stimulus, expected by the end of the year.But analysts said the dollar's rise was being capped by fears over the Crimean crisis."After having risen on the (Federal Open Market Committee) decision... the dollar/yen has become top-heavy due to the situation in Ukraine," ...

China's yuan steadies, but still posts record weekly loss HONG KONG: China's yuan hit a 13-month low on Friday and posted its biggest weekly drop after the central bank stepped up efforts to shake out hot money from the market, although traders said there were signs the currency may be finding a base.This week's fall took the yuan's year-to-date losses to 2.8 percent, unwinding the gains it made in 2013, after a descent the market said was engineered by the central bank to introduce ...
Dollar eases in Asian trade SINGAPORE: The dollar eased in Asian trade Friday but maintained most of its gains after Federal Reserve head Janet Yellen indicated US interest rates could rise early in 2015.The greenback bought 102.35 yen in Singapore late morning trade, easing from 102.42 yen in late New York Thursday, while the euro edged up to $1.3785 from $1.3779. It had been sitting at $1.3930 and 101.51 yen before the Fed remarks.The single currency dipped to 141.11 yen ...
China's yuan currency fell to nearly 13-month low SHANGHAI: China's yuan weakened against the US dollar on Thursday to its lowest level in nearly 13 months, but analysts said it would help authorities control speculative funds betting on continued rises of the currency.The yuan fell to an intraday low of 6.2334 to the dollar, its weakest level since late February 2013 according to Dow Jones Newswires. The unit later recovered to close at 6.2270 to $1, according to the China Foreign Exchange Trade ...
Yellen shock, weak yuan hit Asia FX; more losses seen SEOUL: The Indonesian rupiah led losses among emerging Asian currencies on Thursday as Federal Reserve Chair Janet Yellen's surprisingly hawkish remarks raised expectations of an earlier US rate hike and worries about more outflows from the region.Emerging Asian currencies came under further pressure as the Chinese yuan fell to a one-year low against the dollar for a record weekly loss. Investors bet on sustained weakness in the renminbi as the central bank's actions indicated it ...
Sri Lankan rupee steady in dull trade; forwards pick up COLOMBO: The Sri Lankan rupee traded steady on Thursday on thin trading volumes, while currency forwards traded actively, a day after the central bank governor said the local currency would continue its stable trend for the rest of the year. Central Bank Governor Ajith Nivard Cabraal said on Wednesday the rupee would be stable throughout this year due to rise in inflows through exports and remittances into the island nation.The spot rupee was trading at ...
South Korea won falls to 3-1/2 week low as Fed boosts dollar SEOUL: The South Korean won fell to its lowest in three and a half weeks on Thursday after the US dollar broadly advanced on remarks from Federal Reserve Chair Janet Yellen that suggested US interest rates could be raised sooner than expected.The local currency was quoted at 1,076.2 against the dollar at the end of onshore trade in a third day of declines, down half a percent compared with Wednesday's close at 1,070.5.The won touched ...


Index Closing Chg%
Arrow DJIA 16,472.37 1.23
Arrow Nasdaq 4,707.77 1.74
Arrow S&P 1,951.36 1.43
Arrow FTSE 6,129.98 0.95
Arrow DAX 9,553.07 0.46
Arrow CAC-40 4,458.88 0.73
Arrow Nikkei 17,725.13 0.02
Arrow H.Seng 21,506.09 3.17
Arrow Sensex 26,220.95 0.25

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln