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Euro weakens as Greek debt talks fail to find deal TOKYO: The euro weakened Thursday after talks between Greece and its European creditors on restructuring the country's bailout broke up without an agreement, with talks set to go down to the wire next week.In Tokyo, the common currency bought $1.1310 and 136.02 yen, down from $1.1332 and 136.37 yen in New York where it had strengthened on hopes for a breakthrough in Europe.In other trading, the dollar fetched 120.27 yen, slightly down from 120.35 yen.Currency markets were largely focused on the meeting where eurozone finance ministers were unable to hammer out a renegotiation of Greece's bailout terms.Eurogroup chairman Jeroen Dijsselbloem said six hours of talks produced no deal on an extension of Athens' 240 billion euro EU-IMF rescue programme.Greece's bailout is due to expire at the end of this month and failure to agree on an extension would see Greece default on its giant debts, almost inevitably meaning that it ...

Hawkish Fed presidents' views bite into Asia FX amid Greece caution SINGAPORE: Most emerging Asian currencies slipped on Wednesday as US Treasury yields advanced on some Federal Reserve presidents' vocal support for interest rate hikes, while caution prevailed ahead of euro zone meetings on Greece's debt standoff.The South Korean won underperformed on the yen's weakness and increasing caution over possible intervention by the foreign exchange authorities to stem the won's strength against the Japanese currency.Malaysia's ringgit fell on lower bond prices and overnight slides in oil ...
Dollar supported by higher yields, euro in focus before EU talks SYDNEY/SINGAPORE: The dollar hit a fresh one-month high versus the yen on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept the euro under a cloud.The dollar edged up 0.1 percent to 119.57 yen. As of 0533 GMT, its intraday high was 119.67 yen, the dollar's strongest level since early January.Trade was thin with Japanese markets closed on Wednesday for a public holiday.Helping to support the dollar ...
Sri Lanka rupee steady; central bank's moral suasion caps fall COLOMBO: The Sri Lankan rupee traded steady on Wednesday on thin volume as the central bank prevented any fall amid importer dollar demand and lack of dollar conversion by exporters, dealers said.The spot currency traded steady at 132.80/133.00 per dollar at 0641 GMT. On Friday, the central bank lowered the spot rate to 132.80 from 132.60 amid depreciation pressure.Finance Minister Ravi Karunanayake on Monday said the rupee will be held steady at current levels and ...
Sri Lanka rupee ends steady; central bank's moral suasion caps fall COLOMBO: The Sri Lankan rupee ended steady on Wednesday in dull trade as the central bank prevented any fall amid importer dollar demand and lack of dollar conversion by exporters, dealers said.The spot currency ended steady at 132.80/133.00 per dollar. On Friday, the central bank lowered the spot rate to 132.80 from 132.60 amid depreciation pressure.Finance Minister Ravi Karunanayake on Monday said the rupee will be held steady at current levels and "there won't be ...
Higher yields support dollar, euro in focus before EU talks SYDNEY/SINGAPORE: The dollar hovered near a one-month high versus the yen on Wednesday, bolstered by gains in Treasury yields, while uncertainty over a new debt deal for Greece kept a cloud over the euro.The dollar inched up 0.1 percent to 119.51 yen, staying near Tuesday's peak of 119.62 yen, which was the dollar's highest level since early January.Trade was thin with Japanese markets closed on Wednesday for a public holiday.Helping to support the dollar was ...
Yuan weakens on deflation fears SHANGHAI: China's yuan weakened marginally on Wednesday amid concerns that deflationary risks are growing, increasing the need for more policy easing.The People's Bank of China set the midpoint rate at 6.1315 per dollar prior to the market open, weaker than the previous fix of 6.1295.The yuan has been weakening against the dollar since late last year, mostly reflecting the dollar's massive rally as the US economy has improved, fuelling expectations of a Federal Reserve rate ...

 



 
Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln