All
 

 

Just in:  

You are here: Home»Markets»FXMM»Asia

Asia

Archive

South Korea won steadies as exporters sell dollars, Fed in focus SEOUL: The South Korean won steadied after an initial fall on Monday, led by some exporters selling dollars as markets braced for the outcome of the US Federal Reserve's policy meeting this week.The local currency was quoted at 1,052.1 against the dollar as of 0242 GMT, compared with Friday's domestic closing level of 1,052.6.The won initially traded as low as 1,054.3 against the dollar amid speculation that the US budget deal and improving economic indicators could lead the Fed to start reducing its bond-buying stimulus programme at its Dec. 17-18 policy meeting.A start to the Fed's stimulus taper this week would likely spur a broad dollar rally. Uncertainty over the tapering timeline has buffeted global markets in recent months.The won recovered as exporters were seen unloading dollars to convert their contract payments into the local currency, traders said."It looked like the dollar was getting strong bids above Friday's closing level ...

Dollar slips in Asia ahead of Fed meeting TOKYO: The dollar slipped in Asia on Monday as investors adjusted positions ahead of a key US Federal Reserve policy meeting this week which could see the bank announce a cut to its stimulus programme.The greenback -- which had touched a five-year high 103.93 yen on Friday before easing later in the day -- fetched 102.84 yen in Tokyo afternoon trade, against 103.23 yen in New York Friday. The euro, which also hit a five-year ...
Taiwan dollar a shade higher, rest subdued ahead of Fed SINGAPORE: Asian currencies were mostly unchanged on Monday, barely reacting to a decline in China's manufacturing data, as regional stock and currency markets awaited a mid-week US Federal Reserve meeting that could finally indicate the timeline for scaling back its monetary stimulus.The Taiwan dollar gained 0.2 percent, but that was the exception in an otherwise listless Asian trading session. The Indonesian rupiah remained on the backfoot, with stocks there down about a percent, although the ...
Dollar slips in Asia ahead of Fed meeting TOKYO: The dollar slipped in Asia on Monday as investors adjusted positions ahead of a key US Federal Reserve policy meeting this week that could see the bank announce a cut to its stimulus programme.The greenback -- which had touched a five-year high 103.93 yen on Friday before easing later in the day -- fetched 102.81 yen in Tokyo late morning trade, against 103.23 yen in New York Friday. The euro, which also hit a ...
Prospect of rate hike after inflation surge hits Indian rupee, bonds MUMBAI: The Indian rupee fell and bond yields surged on Friday after retail inflation spiked to its highest on record, raising expectations for another rate hike by the central bank and adding to the woes of the embattled government. Reserve Bank of India chief Raghuram Rajan said on Thursday he was "very uncomfortable" with the inflation reading, a comment that probably seals the case for him to deliver his third rate increase next Wednesday, despite ...
Sri Lanka rupee firmer on exporter dollar conversions COLOMBO: The Sri Lankan rupee ended slightly firmer on Friday, rising from a near two-week low in the morning as exporter dollar conversions during the latter part of the day outpaced demand for the greenback from importers. The rupee currency hit a near two-week low during the day on importer dollar demand, but dealers said they were reluctant to trade above 131 per dollar, a level the central bank is seen comfortable with.The spot rupee, ...
Dollar, euro at five-year yen highs on Fed taper talk TOKYO: The dollar and euro hit five-year highs against the yen in Asia Friday as investors bet that the US Federal Reserve will announce a start to its long-awaited stimulus wind-down next week. The greenback bought 103.85 yen in Tokyo afternoon trade from 103.36 yen in New York on Thursday, while the euro fetched 142.73 yen compared with 142.15 yen -- both at highs not seen since October 2008.The single currency was also at $1.3759, ...

 



 
Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65







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