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Dollar/yen turns negative, falls one yen from high TOKYO: The dollar fell more than one yen from its session high on Tuesday after initial excitement about the Bank of Japan's adoption of a 2 percent inflation target and its open-ended commitment to asset purchases petered out.   The dollar last stood at 89.36 yen, down 0.3 percent from late US levels, after having risen as high as 90.18 yen in a knee-jerk reaction to the BOJ's announcement. Copyright Reuters, 2013* ...

Yuan gains slightly, seen continuing to track dollar index SHANGHAI: The Chinese yuan gained incrementally on Tuesday morning after the central bank kept its official midpoint almost flat to reflect small movement of the dollar in global markets.   Traders said that both market players and regulators at the People's Bank of China (PBOC) are focused on tracking trends in the dollar index, given the absence of market-moving domestic factors.   Spot yuan was trading at 6.2204 at midday, only 9 pips stronger than Monday's close of 6.2213. ...
Yen gains after Japan minister TOKYO: The yen gained in Asia on Tuesday after Japan's finance minister said the Bank of Japan may be divided on whether to set a two percent inflation target, a key demand of the country's new government.   "It will a big step forward for the Bank of Japan and an issue that could divide the policy board, but it's very important that it adopt a two percent inflation target and we hope that it does," Taro ...
Yuan ends weaker, eyes on global dollar performance SHANGHAI: The Chinese yuan closed lower on Monday after the central bank set the official midpoint slightly weaker to reflect the strength in the global dollar late last week, traders said.   Spot yuan closed at 6.2213, weakening slightly from Friday's close of 6.2154, with traders saying banks and their clients were largely comfortable with the current level of the dollar/yuan rate.   Volumes were average, dropping slightly to $14.98 billion from Friday's $15.61 billion.   Traders have said that intra-day ...
South Korea won records biggest daily fall in 4 mths; bonds firm SEOUL: The South Korean won fell in domestic trade Monday, recording the sharpest daily decline in four months as traders overseas covered short yen positions against the won and importer demand weighed.   The won was quoted at 1,062.9 against the dollar at the end of onshore trade, down 0.54 percent from 1,057.2 at the end of the Seoul session Friday. This marked the biggest decline in a day since Sept. 20, 2012.   The won traded as low ...
Yuan weakens slightly, eyes on global dollar performance SHANGHAI: The Chinese yuan edged lower on Monday morning after the central bank set the official midpoint slightly weaker to reflect the strength in the global dollar late last week, traders said.   Spot yuan was trading at 6.2187 at midday, weakening slightly from Friday's close of 6.2154, with traders saying banks and their clients were largely comfortable with the current level of the dollar/yuan rate.   Volumes were moderate, dropping to $5.6 billion by midday from slightly over ...
Yen gains in Asia as Bank of Japan meeting starts TOKYO: The yen strengthened in Asia on Monday as the Bank of Japan (BoJ) began a two-day meeting widely expected to see it launch further easing aimed at boosting the world's third-largest economy.   The dollar was initially stronger against the Japanese currency in early trade, but slipped to 89.76 yen, compared with its 90.08 yen finish in New York on Friday.   The euro also lost early gains to sit at 119.56 yen from 119.96 yen in US ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln