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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 fix.China's gross domestic product (GDP) growth during July-September cooled to 7.3 percent from a year earlier, the weakest expansion since the global financial crisis, but slightly higher than expected. Copyright Reuters, 2014 ...

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 ...
Dollar up in Asia as stock markets rally TOKYO: The dollar strengthened against the euro and yen in Asia on Monday, in line with a regional equities rally after a surge on Wall Street at the end of last week.In Tokyo afternoon trading, the greenback bought 107.26 yen against 106.78 yen in New York, and sharply higher than the 106.22 yen earlier Friday in Asia.The euro was at $1.2755 compared with $1.2759 in US trade while it rose to 136.81 yen from 136.28 ...
Dollar up as equities surge, yields rise on upbeat data TOKYO: The dollar gained on Monday after upbeat data restored some calm to the financial markets, prompting equities to rally back from deep losses and triggering a rise in Treasury yields. The greenback got a further lift against the yen after reports that Japan's $1.2 trillion Government Pension Investment Fund (GPIF) could boost foreign asset holdings, seen spurring demand for foreign currencies. The dollar was up 0.4 percent at 107.345 yen, pulling further away from ...

 



 
Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90





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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