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Dollar edges up in Asian trade TOKYO: The dollar on Friday clawed back some of the losses suffered against the yen earlier in the week as investors welcomed data showing US jobless claims at a seven-year low.In midday Tokyo trade, the greenback changed hands at 101.64 yen, compared with 101.44 yen in New York. The euro rose to 141.23 yen from 140.88 yen while it also edged up to $1.3894 from $1.3888.Dealers said the dollar was consolidating after hitting a three-week low of 101.33 yen at one stage Thursday as shares on Wall Street tumbled and US Treasury bond yields sank.Anxiety about pricey technology stocks returned with a vengeance to Wall Street Thursday, sending the tech-rich Nasdaq tumbling 3.10 percent, the biggest single-day drop in percentage terms since November 2011. The Dow shed 1.62 percent and the S&P 500 was down 2.09 percent.Adding to downward pressure on the dollar Thursday were minutes from the US Federal ...

Yuan weaker, despite dollar decline after soft export data SHANGHAI: China's yuan slipped on Thursday after exports declined for a second consecutive month in March, but some economists partly blamed intense yuan speculation last year for artificially inflating trade figures then and distorting comparisons now.Spot yuan shed 0.1 percent by midday to change hands at 6.2059 per dollar after the central bank guided the midpoint slightly weaker to 6.1510. The market has remained consistently weaker than the midpoint since mid-March.The dollar hit a three-week ...
Dollar stung by Fed minutes, Aussie rises on solid jobs data SYDNEY/SINGAPORE: The dollar hit a three-week low versus a basket of major currencies on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls, while the Aussie dollar surged on data showing solid Australian jobs growth. Minutes of the Fed's March 19 meeting released on Wednesday showed Fed officials had worried the bank's forecasts on interest rates might appear to investors as mapping out a more aggressive cycle of rate hikes. Analysts at ...
Indonesia rupiah falls after election margin disappoints opposition SINGAPORE: The Indonesian rupiah fell on Thursday, a day after the main opposition party failed to win enough votes in parliamentary elections to nominate hugely popular Jakarta governor Joko Widodo for the presidency without the help of other parties.The rupiah fell 0.4 percent to 11,3335 per dollar at 0107 GMT. The rupiah has risen partially due to hopes that a dominant victory by the Indonesian Democratic Party-Struggle (PDI-P) and the Jakarta governor, widely known as ...
South Korea won rises to near 6-year high, stocks inch up SEOUL: The South Korean won hit its strongest level in almost six years on Thursday morning, buoyed by demand from exporters for settlements and stop-loss dollar selling from offshore funds while local stocks were little changed. The local currency was quoted at 1,035.5 against the dollar as of 0252 GMT, up 0.6 percent from Wednesday's onshore close at 1,041.4. However, the won's gains were tempered by suspected dollar buying by South Korean foreign exchange authorities ...
Taiwan dollar rises to over 2-month high TAIPEI: The Taiwan dollar soared to its highest level in more than two months in early trade on Thursday. The local currency jumped by T$0.192 to trade at T29.970 against the US dollar, after briefly going above a key resistance level of T$30 for the first time since early February.Copyright Reuters, 2014 ...
South Korea's won surges to pre-crisis level SEOUL: South Korea's won surged Wednesday to its highest level since before the global financial crisis, sparking concern the stronger currency might undermine the export-reliant economy.The won ended at 1,041.40 to the dollar, up 10.80 won from the previous session and close to the 1,039.80 per dollar reached on August 14, 2008.The country's continuously strong trade surplus and a recent global weakening of the greenback combined to bolster the won, analysts said."Many people believed the ...


Index Closing Chg%
Arrow DJIA 16,501.65 0.08
Arrow Nasdaq 4,126.97 0.83
Arrow S&P 1,875.39 0.22
Arrow FTSE 6,674.74 0.11
Arrow DAX 9,544.19 0.58
Arrow CAC-40 4,451.08 0.74
Arrow Nikkei 14,546.27 1.09
Arrow H.Seng 22,509.64 0.97
Arrow Sensex 22,876.54 0.52

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln