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Yuan steady, Q2 economic data delivers slight support SHANGHAI: The yuan edged higher against the dollar on Monday after China posted second-quarter economic growth within expectations, easing jitters over the health of the world's second-largest economy.Spot yuan was trading at 6.1368 versus the dollar at noon, inching up 0.01 percent from Friday's close, despite the People's Bank of China (PBOC) setting its daily midpoint at 6.1663, 0.05 percent weaker than Friday's fix.Traders said market supply and demand for dollars was roughly balanced on Monday, although corporates have become more inclined to keep dollars on hand in recent weeks amid worries over the pace of China's economic recovery.Gross domestic product growth slowed in the second quarter to 7.5 percent year-on-year from 7.7 percent in the first quarter, the National Bureau of Statistics said. Copyright Reuters, 2013 ...

Indonesia rupiah weakens past 10,000/dollar, first time since Sept 2009 SINGAPORE: The Indonesian rupiah fell below 10,000 to the dollar on Monday, for the first in almost four years, on sustained dollar demand from local companies, traders said.The rupiah's indicative prices fell 0.3 percent to 10,015 to the greenback, the weakest since early September 2009. Copyright Reuters, 2013 ...
Dollar inches higher Asian trading TOKYO: The dollar inched higher in Asia Friday after tumbling on comments from the head of the Federal Reserve who said the bank's massive stimulus drive would remain in place for some time.In Tokyo afternoon trade, the dollar fetched 99.06 yen, slightly up from 98.90 yen in New York on Thursday, while the euro also strengthened to 129.56 yen from 129.50 yen.The European single currency was at $1.3077 from $1.3092, as traders keep an eye ...
India rupee snaps two-day rally; euro fall hurts MUMBAI: The Indian rupee snapped a two-day rally to weaken slightly on Thursday as importers including oil firms bought dollars, while the initially big impact from Federal Reserve Chairman Ben Bernanke's comments on US stimulus faded later in the session.Bernanke said the Fed would continue to pursue an accommodative monetary policy as inflation remained low and the unemployment rate might be understating the weakness of the labour market.Although the rupee hit its higest level in ...
South Korea won hits one-month high after Bernanke comments SEOUL: The South Korean won firmed to its highest in a month after comments from US Federal Reserve Chairman Ben Bernanke eased investors' concerns over the chance of an early reduction in the Fed's bond-purchasing programme.The local currency was quoted at 1,124.6 against the dollar at 0305 GMT, up 1 percent from Wednesday's domestic close at 1,135.8.The won surged to 1,124.0 shortly after markets opened, its strongest since June 10, although the won is down ...
Dollar falls further against yen in Asia TOKYO: The dollar eased further against the yen in Asia Thursday, adding to losses in New York after comments from Federal Reserve chief Ben Bernanke suggested its huge stimulus programme would stay in place for some time.The greenback changed hands at 99.43 yen in Tokyo morning trade after tumbling into the 98-yen range earlier in the day. It had tumbled to 99.59 yen in New York late Wednesday from 101 yen in Tokyo earlier in ...
Turkish watchdog probes forex deals after central bank auctions ISTANBUL: Turkey's banking watchdog said on Wednesday it was probing foreign exchange deals by lenders, after sources said it was looking into possible market manipulation following central bank auctions of $2.25 billion in dollars.The watchdog BDDK was seeking details of transactions on July 8-9, senior banking sources told Reuters. They said the BDDK wrote to banks on Tuesday asking for details of auction bids and for what purpose they had bought foreign currency.The regulator told ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln