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Indian rupee falls as global risk aversion rises MUMBAI: The Indian rupee fell to its weakest in a month against the dollar, tracking lower emerging market assets after the downing of a Malaysian airlines jet at the Ukraine-Russia border sent investors scurrying to defensive assets. The rupee fell 0.7 percent for the week, posting its biggest weekly loss since mid-June when emerging markets had reeled on worries about the prospect of civil war in Iraq. Global factors are likely to be the key drivers for the rupee next week, given the prospect of tensions between Russia and the West over the downed Malaysian commercial jet. That could offset signs of improving economic fundamentals at home. Data on Monday showed consumer prices eased to their lowest since figures were first published in January 2012, while other data this month showed improving manufacturing activity and rising exports. "The improving momentum in the manufacturing sector should be supportive of stronger earnings ...

Dollar up after New York losses fuelled by plane tragedy TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had crashed in Ukraine killing almost 300 people, with the US saying it had been shot down.The Malaysian ringgit slipped against the greenback in response to the tragedy, the second to hit the troubled carrier since the disappearance of flight MH370 in March.In Tokyo afternoon trading, the dollar bought 101.32 yen, up from 101.17 ...
Dollar up after New York losses fuelled by plane tragedy TOKYO: The dollar edged up in Asian trade Friday after tumbling in New York on news that a Malaysia Airlines jet had crashed in Ukraine killing almost 300 people, with the US saying it had been shot down.The Malaysian ringgit slipped against the greenback in response to the tragedy, the second to hit the troubled carrier since the loss of flight MH370 in March.In Tokyo midday trading, the dollar bought 101.32 yen, up from 101.17 ...
Rupiah eases but above recent low; most Asian units rise SINGAPORE: Most emerging Asian currencies rose on Thursday, while the Indonesian rupiah held above a one-week low ahead of the release by next week of the official results of Indonesia's presidential election.The rupiah eased 0.1 percent on the day to 11,705, but remained above Wednesday's trough of 11,825, which was the rupiah's lowest level since July 7.Investors are betting on a Joko "Jokowi" Widodo win based on unofficial tallies from quick polls, helping to support ...
Bullish bets on won slashed, rupiah bets turn bullish SINGAPORE: Investors sharply reduced their bullish bets on the South Korean won over the last two weeks, while turning slightly bullish on the Indonesian rupiah for the first time since May, a Reuters poll showed.Long positions in the won fell sharply compared to the previous survey in early July, when investors increased their bullish bets in the South Korean currency to the largest since January 2013.While the poll showed that investors were still bullish on ...
Dollar recedes in Asia after recent pick-up TOKYO: The dollar retreated in Asia Thursday after rallying in the previous session in response to an upbeat US Federal Reserve economic report and better-than-expected Chinese growth figures.In midday Tokyo trading, the greenback fetched 101.52 yen, against 101.69 yen in New York Wednesday.The euro edged up to $1.3539 from $1.3524, while the single currency slipped to 137.36 yen from 137.55 yen in US trade.The greenback had been enjoying some buying in recent days thanks to ...
Sri Lanka rupee steady at over 1-year high; stx at over 33-month high COLOMBO: The Sri Lankan rupee traded steady on Wednesday at its highest in more than a year as inflows from remittances and exports offset U.S. currency demand from importers while state banks' dollar buying curbed upward pressure on the local currency.The rupee was flat at 130.18/20 per dollar at 0705 GMT, its highest close since June 28, 2013."The rupee is flat in dull trade. Not much of trades are taking place. But the bond market ...

 



 
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