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US jobs data supports Asia FX; won dips on intervention caution SINGAPORE: Most emerging Asian currencies rose on Monday after the latest US jobs report was not seen as strong enough to raise expectations of an early rate hike by the Federal Reserve, while the won turned weaker on growing caution over intervention.The South Korean won ended local trade down 0.2 percent at 1,055.4 per dollar as offshore funds sold the currency and domestic importers bought the dollar for payments, traders said.Investors became more wary that the foreign exchange authorities may intervene to stem the won's appreciation as it earlier rose as much as 0.3 percent to 1,050.6, its strongest since Jan. 2.The South Korean currency jumped 1.5 percent last week when most other emerging Asian currencies slid.On Monday, Indonesia's rupiah rose as Jakarta shares hit a 10-month high ahead of parliament elections later this week.The Malaysian ringgit advanced as investors covered short positions on its overnight strength in non-deliverable forwards ...

Sri Lankan rupee slips on stock-related outflows; shares off 7-week high COLOMBO: The Sri Lanka rupee traded weaker on Monday due to dollar demand for stock-related outflows, but it was expected to be supported by inflows from remittances ahead of the festive seasons, dealers said. The spot rupee traded at 130.70/75 on Monday at 0548 GMT, versus Friday's close of 130.60/65. It had strengthened to 130.40/50 per dollar in early trade on Friday. "There were stock-related outflows which brought the rupee down," said one currency dealer. ...
Dollar under pressure in Asia after jobs data TOKYO: The dollar faced downward pressure in Asia on Monday as investors bet the Federal Reserve will not speed up the pace of tapering of its stimulus programme after last week's US jobs report matched forecasts.The greenback fetched 103.03 yen in Tokyo afternoon trade, compared with 103.26 yen late in New York and well below the 103.88 yen in Tokyo earlier Friday before the jobs data was released.The euro bought 141.17 yen, down from 141.50 ...
Dollar under pressure in Asia after jobs data TOKYO: The dollar faced downward pressure in Asia on Monday as investors bet the Federal Reserve will not speed up the pace of tapering of its stimulus programme after last week's US jobs report matched forecasts.The greenback fetched 103.25 yen in Tokyo midday trade, compared with 103.26 yen late in New York but well below the 103.88 yen in Tokyo earlier Friday before the jobs data was released.The euro was at 141.48 yen, from 141.50 ...
US jobs caution weighs on Asia FX, baht falls on politics SINGAPORE: Most emerging Asian currencies eased on Friday, ahead of US jobs data, and suffered weekly losses, while the Thai baht underperformed on rising political tension.Hundreds of thousands of Thai government supporters are expected to descend on Bangkok this weekend in a symbolic show of force after months of sometimes violent protests aimed at bringing down Prime Minister Yingluck Shinawatra.The Philippine peso recovered initial losses as investors covered short positions on market talk that dollar ...
Euro weakens in Asia after Draghi comments TOKYO: The euro extended its losses in Asia on Friday after the head of the European Central Bank (ECB) signalled he was ready to aggressively loosen monetary policy as the eurozone faces the threat of deflation.The single currency dipped to 142.46 yen in Tokyo from 142.61 yen in New York Thursday, while it weakened to $1.3711 from $1.3717. It is also well down from the 143.02 yen and $1.3763 seen earlier Thursday in Asia.The dollar ...
Euro mixed in Asia ahead of ECB meet TOKYO: The euro was mixed in Asia Thursday as investors turn their attention to a European Central Bank (ECB) policy meeting later in the day, after worrying inflation data had sparked speculation of a rate cut.The single currency edged up to 143.01 yen from 142.96 yen in New York Wednesday, while it weakened to $1.3757 from $1.3765.The dollar gained on the Japanese unit to 103.94 yen, from 103.85 yen in US trade.There was speculation a ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln