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China's yuan firms against dollar, supported by bullish view SHANGHAI: China's yuan rose against the dollar for a third straight day on Wednesday bolstered by bullish sentiment on the currency, with technical buying helping to offset the flat midpoint fixing.The People's Bank of China set the midpoint rate at 6.1658 per dollar prior to market open, only 0.01 percent stronger from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at 6.1505 per dollar, and was changing hands at 6.1490 at midday, up 0.05 percent from the previous close. Copyright Reuters, 2014 ...

Euro weak as dollar stays firm on US confidence TOKYO: The euro sat around its lowest levels against the dollar in nearly a year in Asia on Wednesday, with investors betting on fresh easing measures from the European Central Bank while the greenback was boosted by upbeat US data.The single currency slipped to $1.3151 in Tokyo morning trade -- down from $1.3169 in New York Tuesday and the lowest level since September -- before edging back up to $1.3663. It also slipped to 136.93 ...
Won leads Asia FX gains amid further ECB easing expectations  SINGAPORE: The South Korean won hit a one-week high on Tuesday, leading gains among emerging Asian currencies on hopes of more capital inflows to the region with increasing prospects for further easing by the European Central Bank.The won rose as much as 0.3 percent to 1,016.7 per dollar in local trade, its strongest since Aug. 19, on demand from exporters for month-end settlements.Offshore funds also bought the won, while the South Korean unit hovered near ...
SWIFT sees Europe gaining in China yuan payments share SHANGHAI: Europe now represents 10 percent by value of global payments in China's currency, transactions organisation SWIFT said Tuesday, as more countries seek a greater share of yuan business through new clearing arrangements.Although China's special administrative region of Hong Kong is the dominant centre for offshore yuan trading, four European countries are in the top ten, said the Society for Worldwide Interbank Financial Telecommunication.They are Britain, France, Germany and Luxembourg, it said, all of which ...
Euro under pressure after weak German data TOKYO: The euro was stuck around $1.32 in Asia Tuesday after falling to an 11-month low against the dollar on a weak batch of German data and hints the European Central Bank could unveil easing measures to fight off deflation.The common European currency was at $1.3201 in Tokyo afternoon trade compared with $1.3193 in New York on Monday afternoon. The unit at one point Tuesday tumbled to as low as $1.3178 -- its lowest since ...
Sri Lanka rupee edges down on importer demand COLOMBO: The Sri Lankan rupee traded weaker on Tuesday as importer dollar demand outpaced inward remittances and exporter dollar sales, dealers said.The dealers said they expect the local currency to remain steady for the rest of the year after positive comments by the central bank chief last week.Central bank Governor Ajith Nivard Cabraal said last week the banking regulator would intervene in the thinly-traded market whenever required to keep the rupee stable.At 0548 GMT, the ...
Euro under pressure after weak German data TOKYO: The euro was stuck below $1.32 in Asia Tuesday after falling to an 11-month low against the dollar in response to a weak batch of German data and hints that the European Central Bank could unveil easing measures to fight off deflation.The common European currency was at $1.3197 in Tokyo midday trade compared with $1.3193 in New York on Monday afternoon. The unit at one point Tuesday tumbled to as low as $1.3178 -- ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln