All
 

 

Just in:  

You are here: Home»Markets»FXMM»Asia

Asia

Archive

Ringgit gets respite; rupee rises after central bank cuts rate SINGAPORE: The Malaysian ringgit rose on Thursday, getting some respite in the wake of its drop to a near six-year low earlier this week, while the Indian rupee rose after the central bank surprised markets with an early interest rate cut.The ringgit was quoted at 3.5640 versus the dollar, up from Wednesday's low of 3.6020, the lowest since April 2009, according to Reuters data.Stop-loss orders and a drop in the Singapore dollar against the ringgit helped lift the Malaysian currency.The ringgit gained some respite after oil prices rose the previous day, said Vishnu Varathan, a senior economist with Mizuho Bank in Singapore."Apart from the oil, there's this other factor, where we don't see the dollar surging against many of the Asian currencies," he added. Asian currencies were mostly higher against the dollar on Thursday.Over the next couple of months, however, the risks are tilted toward a higher dollar versus the ...

Yen rally fizzles in Asia TOKYO: The yen dipped in Asian trade Thursday, with a recent rally running out of steam as a surprise uptick in oil prices boosted sentiment.In Tokyo, the dollar rose to 117.71 yen, up from 117.39 yen late in New York, where at one point it hit a low of 116.08 yen."The risk-off sentiment pushed the dollar-yen pair to as low as 116, but that was probably going too far in the short term," Mitsushige Akino, ...
Yen up in Asia on oil fears, euro hit by stimulus talk TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro was hit by expectations of more stimulus from the European Central Bank (ECB).In Tokyo, the dollar slipped to 116.79 yen, from 117.90 yen in New York and well down from levels above 118 yen in Asia earlier Tuesday.The euro weakened to 137.69 yen from 138.84 yen in US trade while it edged up to ...
Yen up in Asia on oil fears, euro hit by stimulus talk TOKYO: The yen rose in Asia on Wednesday as plunging oil prices sent jittery investors into safer assets, while the euro was hit expectations of more stimulus from the European Central Bank (ECB).In Tokyo, the dollar slipped to 117.50 yen, from 117.90 yen in New York and well down from levels above 118 yen in Asia earlier Tuesday.The euro weakened to 138.31 yen and $1.1770 from 138.84 yen and $1.1777 in US trade, after comments ...
Sri Lanka rupee forwards rise on dollar selling by state bank COLOMBO: Sri Lanka rupee forwards ended firmer on Tuesday as a state-run lender sold dollars ahead of holidays on Wednesday and Thursday even as traders sought clarity on economic policy from the newly-elected government led by President Maithripala Sirisena.Four-day forwards, which were actively traded, closed higher at 132.25/35 per dollar, compared to Monday's close of 132.75/85."A state bank sold dollars and allowed the rupee to appreciate up to 132.00. Then, the same state bank started ...
Dollar pressured by sagging US Treasury yields TOKYO: The dollar got off on the backfoot against the yen on Tuesday, as Treasury yields fell on increased demand for safe-haven assets amid plunging oil prices and weaker stock markets. The dollar edged down about 0.1 percent against the yen to 118.26, moving back toward a one-week low of 118.10 yen touched overnight, as markets in Tokyo reopened after Monday's public holiday."Buying USD/JPY is once again one of the market's favourite global macro trades ...
Dollar slips to 1 month low vs yen, falling US Treasury yields weigh TOKYO: The dollar skidded to its lowest level against the yen in a month on Tuesday, as Treasury yields fell on increased demand for safe-haven assets against a backdrop of plunging oil prices.The dollar fell about 0.5 percent against the yen to 117.83 , as markets in Tokyo reopened after Monday's public holiday.It earlier touched 117.74 yen, its lowest level since Dec. 17. "Lower oil prices should be good for the US economy, but I ...

 



 
Index Closing Chg%
Arrow DJIA 17,387.21 1.65
Arrow Nasdaq 4,681.50 1.89
Arrow S&P 2,029.55 1.34
Arrow FTSE 6,811.61 0.60
Arrow DAX 10,628.58 1.57
Arrow CAC-40 4,624.21 1.09
Arrow Nikkei 17,768.30 1.72
Arrow H.Seng 24,807.28 0.41
Arrow Sensex 29,571.04 1.00






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln