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Euro steady after Greece bailout deal TOKYO: The euro held steady Monday after it rallied on news of a last-minute deal to extend Greece's bailout, giving Athens a critical lifeline to pay its bills and avoid a damaging default.The common European currency was slightly higher at $1.1387 and 135.55 yen, from $1.1381 and 135.51 yen on Friday in New York where it got a boost from the conditional debt deal.The dollar barely budged at 119.04 yen against 119.03 yen in US trade.On Friday, Greece received a four-month debt bailout extension, easing worries over its future in the eurozone.But European finance ministers gave Athens until late Monday to present proposals that would convince its creditors to sign off on the extension.On Sunday, Athens was racing to finalise reform proposals required under the fresh agreement. Greece's bailout programme expires at the end of the month. Without an extension, Athens could run out of money and be forced out ...

Sri Lanka rupee steady as central bank defends currency after lowering spot COLOMBO: The Sri Lankan rupee ended steady in dull trade on Friday as the central bank defended it via moral suasion, a day after the monetary authority allowed a 10 cent fall in the spot amid tepid dollar demand from importers, dealers said. Finance Minister Ravi Karunanayake said on Feb. 9 that the rupee would be held steady at current levels and "there won't be any devaluation at all". The spot currency ended steady at ...
Euro under pressure on Greek jitters TOKYO: The euro struggled to pick up in Asia on Friday ahead of Greece's last-minute funding talks with its European creditors, while the dollar was supported by expectations US interest rates will go up this year.The single European currency was at $1.1363 and 135.15 yen in Tokyo trade, compared with $1.1365 and 135.18 yen in New York afternoon but well down from $1.1415 and 135.49 yen earlier Thursday in Asia.The dollar edged down to 118.89 ...
China forex regulator to keep yuan exchange rate stable in 2015 BEIJING: China will keep the yuan's exchange rate basically stable in 2015, the official Xinhua news agency said on Thursday, citing the foreign exchange regulator.The State Administration of Foreign Exchange (SAFE) also acknowledged continuing signs of weakness in the exchange rate between the yuan and US dollar since the beginning of 2015, said Xinhua.The comments were made by Guan Tao, head of the department of international payments at SAFE, according to Xinhua.Last week, SAFE said ...
Dollar slips after sideswipe from dovish Fed minutes TOKYO: The dollar fell against the yen and euro on Thursday, paring gains after minutes of January's Federal Reserve policy meeting showed officials were concerned about hiking interest rates too soon.The greenback shed 0.2 percent to 118.58 yen after coming down from a peak of 119.41 overnight. The dollar index added to losses and was down 0.3 percent at 93.940 but managed to keep above this week's trough of 93.801."The two pillars of a strong ...
Euro rises on hopes for Greek debt deal TOKYO: The euro rose Thursday on hopes for a deal in Greece's debt standoff, while the dollar was under pressure after Federal Reserve policy meeting minutes suggested it was in no hurry to hike interest rates.In Tokyo, the single currency strengthened to $1.1420 and 135.43 yen, from $1.1398 and 135.35 yen in New York.The dollar slipped to 118.59 yen from 118.76 yen.Greece is due to make a formal request for a loan extension from eurozone ...
Euro steady as markets eye last-chance Greek debt talks TOKYO: The euro held steady on Wednesday as investors hoped that last-ditch talks on Greece's debt would see a breakthrough deal that keeps it in the eurozone.In Tokyo trading, the common currency bought $1.1405 and 135.84 yen, down from $1.1413 and 136.13 yen in New York but well above $1.1357 and 134.70 yen in Tokyo earlier Tuesday.The dollar slipped to 119.09 yen from 119.29 yen, but was up from 118.55 yen in Tokyo on Tuesday. ...


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

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln