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Yen up in Asia after US-led Syria strikes TOKYO: The yen picked up in Asia on Wednesday as US-led strikes on militants in Syria and a survey showing further weakness in eurozone business activity fanned uncertainty.In Tokyo midday trading, the greenback eased to 108.59 yen from 108.87 yen in New York and off levels above 109 yen seen last week.The euro dipped to 139.62 yen from 139.91 yen in US trade, while it also bought $1.2852 against $1.2850."The yen remains a highly sensitive barometer of risk appetite, as illustrated by its gains following the start of US air strikes in Syria," said CLSA equity strategist Nicholas Smith.Traders tend to move into the safe-haven Japanese unit during times of economic or political turmoil.The United States said it had been joined by Arab allies in unleashing air strikes against the Islamic State (IS) group in Syria.Dozens of IS and al-Qaeda militants were reported killed in the raids, which Washington said ...

Indian rupee ends lower as shares slump, caution grows MUMBAI: The Indian rupee fell the most among emerging market peers on Tuesday as shares slumped after weak global manufacturing surveys raised growth concerns, while month-end dollar demand from importers also hurt sentiment for the local unit.Surveys showed French business activity contracted in September, while Germany's manufacturing sector expanded at its slowest pace since June 2013.Meanwhile, a private survey showed China's factory activity edging up in September, though unemployment fell to a 5-1/2-year low.Traders are ...
Sri Lanka rupee ends near 4-month low on importer dollar demand COLOMBO: The Sri Lankan rupee ended slightly weaker on Tuesday at a near four-month low on importer dollar demand after the central bank placed certain curbs on the use of its standing deposit facility to boost credit and economic growth.The central bank before the market opened on Tuesday kept its key policy rates steady, but limited commercial banks' access to its repurchase or standing deposit facility, a move analysts see as an effective rate cut.The ...
Sri Lanka rupee steady; forwards seen falling after rate decision COLOMBO: The Sri Lankan rupee traded steady on Tuesday as importer dollar demand offset inward remittances and exporter greenback conversions, while dealers expect forward premiums to fall after the central bank's move to encourage banks to cut their lending rates. The central bank before the market opened on Tuesday kept its key policy rates steady, but limited commercial banks' access to its repurchase or standing deposit facility, a move analysts see as an effective rate ...
China's yuan steady, better-than-expected PMI survey no impact HONG KONG: China's yuan was little changed against the dollar on Tuesday after the central bank set a very marginally stronger official guidance rate.The People's Bank of China set the midpoint at 6.1470 per dollar, up 0.02 percent from the previous fix.Spot yuan changed hands at 6.1399 near midday, up 0.01 percent from Monday's close at 6.1404.Activity in China's manufacturing sector unexpectedly picked up in September even as factory employment slumped to a 5-1/2-year low, ...
Dollar rally pauses; Aussie edges up after flash China PMI SINGAPORE/SYDNEY: The dollar hovered just below a four-year peak against a basket of major currencies on Tuesday as the euro steadied near a 14-month trough with sellers taking a bit of a breather. The dollar index last traded at 84.671, having peaked at 84.861 on Monday, a high not seen since July 2010. It has posted 10 straight weeks of gains as markets wagered US rates would rise long before those in Europe or Japan. ...
Dollar down after 10-week rally, euro gains capped SINGAPORE: The dollar slipped in Asia Tuesday following a 10-week rally, while gains in the euro were capped by concerns about slackening European economic growth. The greenback bought 108.72 yen in Singapore trade against 108.94 yen in New York late Monday. The euro rose to $1.2853 from $1.2850, while slipping to 139.75 yen from 139.78 yen. Japanese financial markets are closed for a public holiday.The dollar's upward momentum has taken a breather after last week ...

 



 
Index Closing Chg%
Arrow DJIA 16,804.71 1.40
Arrow Nasdaq 4,422.09 1.59
Arrow S&P 1,946.16 1.32
Arrow FTSE 6,557.52 0.98
Arrow DAX 9,382.03 0.97
Arrow CAC-40 4,365.27 1.15
Arrow Nikkei 16,082.25 0.56
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,567.99 0.23





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln