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Euro flat in Asia after drop on ECB easing plan reports TOKYO: The euro held steady in Asia on Wednesday after it dropped in New York on reports that the European Central Bank could expand its bond-buying programme.In Tokyo morning trade, the common currency fetched $1.2720 and 136.01 yen against $1.2714 and 136.04 yen in New York late Tuesday. The single currency had been at $1.2800 and 136.86 yen the previous day.The dollar was little changed at 106.90 yen against 106.99 yen, despite fresh data that showed US existing-home sales rebounded in September from a dip in August to their highest pace of the year. The greenback was, however, up from 106.56 yen in Asia Tuesday.Investors will be looking to US inflation figures later in the day after a series of uneven data has thrown into question the strength of the world's top economy, ahead of the US Federal Reserve's policy meeting next week."The US CPI (consumer price index) is at ...

Dollar eases in Asia after weak China data TOKYO: The dollar slipped in Asia on Tuesday as weak Chinese growth data rekindled concerns about the global economy.In Tokyo afternoon trading, the greenback slipped to 106.59 yen against 106.92 yen in New York.The euro rose to $1.2810 from $1.2800, while it weakened to 136.54 yen from 136.86 yen in the US.Traders moved into the yen -- seen as a safe-haven currency in times of turmoil or uncertainty -- as official data showed China's gross ...
China's yuan touches 7-month high after better-than-expected Q3 growth SHANGHAI: China's yuan rose against the dollar on Tuesday, matching a seven-month high of 6.1209 reached last week right after the government posted slightly better-than-expected economic growth for the third quarter.The spot market opened at 6.1241 per dollar, and was changing hands at 6.1217 at midday, 0.02 percent firmer than the previous close.Before trading began, the People's Bank of China (PBOC) set its midpoint rate at 6.1410 per dollar, up 0.04 percent from the previous ...
Dollar steady as currency majors brace for China data TOKYO: The US dollar started on a steady footing on Tuesday, as foreign exchange markets braced for a batch of Chinese economic indicators amid lingering investor worries over signs of a slowdown in Asia's economic powerhouse and global growth.The China data could influence investors' perception on the US Federal Reserve's monetary policy track, and by extension, the fate of the US dollar. "Because slowdown in China is one major reason behind investor concerns on global ...
India rupee gains for second day; election results cheer MUMBAI: The Indian rupee gained for a second consecutive session on Monday after the ruling party's success in two state elections and the government's removal of diesel subsidies and a hike in natural gas prices sparked hopes for additional reforms.India's government lifted diesel price controls and raised the cost of natural gas on Saturday, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs.Prime Minister Narendra Modi's ...
Sri Lanka rupee forwards slip on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker on Monday due to importer dollar demand, while the spot rupee was not traded, with dealers saying the central bank prevented banks through moral suasion from trading the cash currency above 130.70.The three-day forwards, actively traded in the absence of spot, ended at 130.85/95 per dollar, compared with Friday's close of 130.80/85."Importer dollar demand is there, but people are reluctant to buy the spot currency because of the ...
Sri Lanka rupee forwards edge down on importer dollar demand COLOMBO: Sri Lankan rupee forwards weakened on Monday due to importer dollar demand, while the spot rupee was untraded, with dealers saying the central bank prevented banks through moral suasion from trading the cash currency above 130.70.Three-day forwards, actively traded in the absence of spot, were at 130.80/90 per dollar at 0635 GMT compared with Friday's close of 130.80/85.The spot currency was neither traded nor quoted. It ended at 130.60/80 on Friday."Importer (dollar) demand is ...

 



 
Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln