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Yen dips as stocks rally and Ukraine tensions ease TOKYO: The yen eased in Asia Tuesday as news that pro-Russian rebels had handed over the black boxes of Flight MH17 eased concerns about the Ukraine crisis.The losses in the Japanese unit, which is considered a safe bet in times of economic and political uncertainty, were in line with a regional stock market rally as confidence returned to trading markets.In the early afternoon the dollar bought 101.47 yen, up from 101.38 yen in New York Monday afternoon, while the euro fetched 137.23 yen compared with 137.10 yen. The single currency was also at $1.3525 against $1.3523.Thursday's downing of the Malaysia Airlines jet hit global markets as it fuelled fears of an escalation of the months-long crisis in Ukraine, with western leaders saying it was shot down by rebels using Russian-supplied missiles.However, on Tuesday it emerged the separatists had given the plane's two black boxes to Malaysian officials and announced a ...

South Korea won rises, stocks touch a 2014 peak before ending flat SEOUL: The South Korean won edged up on Monday as foreign investors sold dollars as worry about global geopolitical tensions appeared to ease, while stocks ended flat.The local currency closed up 0.26 percent at 1,026.8 against the dollar versus Friday's close of 1,029.5. The won was at its strongest in five days.The Korea Composite Stock Price Index (KOSPI) was quoted at 2,018.50 points at the end of Monday's session, down 0.05 percent from Friday's onshore ...
Asian currencies rise, baht hits 7-month high, but traders remain cautious SINGAPORE: Most Asian currencies rose on Monday, with the Thai baht touching a seven-month high, as investor risk aversion showed signs of easing, although market players remained cautious about geopolitical risks.Asian currencies had slipped late last week after the downing of a Malaysian airliner over eastern Ukraine on Thursday stoked geopolitical tension and made investors wary of riskier assets.Their drop on Friday proved mild, however, and emerging Asian currencies have since regained their footing.Heightened fears ...
Sri Lanka sees $307mn govt securities outflow; central bank says no impact on rupee COLOMBO: Offshore investors sold 40 billion rupees ($307.13 million) worth of Sri Lankan government securities last week, official data showed on Monday, but the central bank said this would not affect the rupee.The total foreign holding in government securities in the week ended on July 11 stood at 509.59 billion rupees, of which foreign investors sold 7.9 percent, official data showed.The sudden outflow reduced the foreign holding in total outstanding government securities to less than ...
Sri Lanka rupee weaker on importer dollar demand; stocks up COLOMBO: The Sri Lanka rupee fell on Monday due to importer dollar demand, and dealers said the currency could face some downward pressure in the future on a possible pickup in imports.Dealers, however, said they did not see any impact on the rupee due to $307 million in outflows from government securities a week earlier.The rupee was traded at 130.30/33 per dollar at 0838 GMT, weaker from Friday's close of 130.28/30. Early last week, the ...
Yen advances in Asian trade SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopolitical uncertainty fuelled by the MH17 tragedy and Israel's ground offensive in Gaza, analysts said.The dollar bought 101.20 yen in mid-afternoon trade against 101.36 yen on Friday in New York, while the euro fetched 137.06 yen compared with 137.12 yen.The single currency was also at $1.3544 compared with $1.3525.Trading was quiet with Japanese financial markets closed for a ...
Yen advances in Asian trade SINGAPORE: The yen strengthened in Asia Monday as investors sought out lower-risk investments as a hedge against geopolitical uncertainty fuelled by the MH17 tragedy and Israel's ground offensive in Gaza, analysts said.The dollar bought 101.26 yen in midday trade against 101.36 yen on Friday in New York, while the euro fetched 137.040 yen compared with 137.12 yen.The single currency was also at $1.3532 compared with $1.3525.Trading was quiet with Japanese financial markets closed for a ...

 



 
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