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Yen up against dollar in Asia on global growth fears SINGAPORE: The yen rose against the dollar in Asia Monday as concerns over the global economy sent traders fleeing to safer investments, analysts said.The dollar slipped to 107.19 yen in the afternoon Singapore trade from 107.65 yen in New York late Friday.Japanese financial markets are closed for a public holiday.The euro was at $1.2678 down from $1.2627 and fetched 135.92 yen down from 135.97."Global growth worries continue to drive currency markets," Singapore's biggest lender DBS Bank said in a note."Falling US stock indices and bond yields, coupled with lower oil and commodity prices, have raised doubts over whether the US economy can de-couple from the weaknesses in other major economies, namely the eurozone and Japan," it said."This is important because speculators have been loading up on US dollars against the major currencies on the relative strength of the US economy."DBS said the yen "has been reprising its role as a ...

Dollar slips vs yen as global growth worries hit risk appetites SINGAPORE: The dollar fell to a one-month low against the yen on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency. The dollar also slipped versus the euro and the Australian dollar in choppy, holiday-thinned trade. The greenback struggled to gain traction in the wake of its broad drop last week after the dovish-leaning minutes of the US Federal Reserve's September meeting prompted the market ...
Yen rises as global growth woes hit risk sentiment SINGAPORE: The yen scaled a one-month high against the dollar on Monday, as heightened worries about the health of the global economy continued to shore up the safe-haven Japanese currency. The yen has pulled away from a six-year low versus the dollar set in early October, after dovish-leaning minutes of the US Federal Reserve's September meeting released last Wednesday prompted the market to push back the expected timing of a Fed rate hike. The low-yielding ...
China's yuan rises on strong trade data, central bank midpoint SHANGHAI: China's yuan firmed against the dollar on Monday, posting a nearly two-week high, after China released better-than-expected trade data for September and the central bank fixed its official rate stronger.The People's Bank of China set its midpoint rate at 6.1446 per dollar prior to market open, up 0.04 percent from the previous fix. The spot rate is currently allowed to trade 2 percent above or below the midpoint.The spot market opened at 6.1315 per ...
Global growth concerns trim Asia FX weekly gains SEOUL: Most emerging Asian currencies fell on Friday, paring their gains for the week, as worries about a slowing global economy dented risk appetites.The Malaysian ringgit eased as local stocks lost more than 1 percent, underperforming regional peers. The currency didn't have an immediate reaction to the government's 2014/2015 economic report.The Philippine peso weakened with data showing August exports grew at the slowest pace in three months. Foreign direct investments in July fell 21 percent ...
Sri Lankan rupee weaker on imports; suspected central bank move caps fall COLOMBO: The Sri Lankan rupee ended weaker on Friday due to dollar demand from importers and banks, while dealers said the central bank's moral suasion capped the local currency at 130.40 and forwards picked up as a result. The spot currency was quoted at 130.40/50 per dollar. Dealers said the spot rupee did not trade above 130.40 as banks were reluctant to trade beyond this level due to moral suasion by the central bank. The ...
Yen rises on global economy worries TOKYO: The yen picked up strength in Asia on Friday as dealers sought out safer bets after poor German data and an IMF warning of possible eurozone recession exacerbated concerns about the global economy.The dollar, which touched a six-year high above 110 yen last week, slipped to 107.79 yen from 107.84 yen in New York. The euro fetched 136.86 yen against 136.87 yen in US trade and well down from the 137.70 yen earlier Thursday ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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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
WeeklyOctober 23, 2014
Reserves $13.465 bln