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Safe-haven yen firms in Asia TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concerns.The haemorrhaging price of a barrel of oil -- down 47 percent since the June peak to below $57 for West Texas Intermediate -- dragged US stocks to one of their worst losses of the year Friday.That completed a global rout of equity markets where players fear the sharp drop in crude could do more harm to many economies than it does to help consumers.The yen, seen as a secure investment target in time of economic uncertainty, was up slightly against the dollar, trading 118.40 yen in morning trade in Tokyo, against 118.78 yen in New York late Friday.The euro fetched $1.2460, little changed from 1.2464 in New York, while the common currency slipped to 147.48 yen from 148.05 yen.The yen was also being supported by Sunday's election victory for ...

Dollar wavers in choppy trade as risk aversion rises, oil skids TOKYO: The dollar quivered in choppy trading against the yen on Monday as oil prices continued to sink on a weak outlook for global demand, while risk aversion pressured US Treasury yields. A big victory for Japanese Prime Minister Shinzo Abe's coalition in an election on Sunday was a boost for his reflationary economic policies, which are likely to weigh on the yen in the long term. But the Japanese currency initially rose as shares ...
Dollar wavers in choppy trade as risk aversion rises TOKYO: The dollar quivered in choppy trading against the yen on Monday, under pressure as risk aversion pushed down US Treasury yields. A big victory for Japanese Prime Minister Shinzo Abe's coalition in an election on Sunday was a boost for his reflationary economic policies, which are likely to weigh on the yen in the long term. But the Japanese currency initially rose as shares dropped, before coming off its session highs. The dollar was ...
Rupiah tumbles, hits lowest vs dollar since August 1998 SINGAPORE/JAKARTA: The Indonesian rupiah fell to its lowest level since August 1998 on Monday and shares dropped, which market participants said reflected pressure from declining risk appetites and possible selling of the currency by overseas investors. At 0410 GMT, the rupiah was at 12,685, its lowest since August 1998, according to Reuters data. At that level, the currency was down 1.9 percent on the day and 4.3 percent this year. "The US continues to post ...
Safe-heaven yen firms in Asia TOKYO: The yen firmed against the dollar and the euro in Asian trade Monday as sliding oil prices provoked growth concerns.The haemorrhaging price of a barrel of oil -- down 47 percent since the June peak to below $57 for West Texas Intermediate -- dragged US stocks to one of their worst losses of the year Friday.That completed a global rout of equity markets where players fear the sharp drop in crude could do more ...
China's yuan opens weaker as Central bank breaks streak of strong fixes BEIJING: China's yuan opened weaker against the dollar on Friday after the central bank set the official guidance rate lower for the first time in six trading days. The opening trade on the yuan was 6.1937, down 0.08 percent from the previous day's close. The People's Bank of China (PBOC) set the midpoint rate at 6.1184 per dollar prior to the market open, down 0.05 percent from the previous fix. The spot rate is currently ...
Indian rupee marks biggest weekly fall in over four months MUMBAI: The Indian rupee marked its biggest weekly fall in over four months on Friday, tracking steep declines in local shares and broad dollar strength as the slump in crude oil prices raised concerns about the global economy. India's benchmark BSE index fell for a fifth session in six on Friday to post its worst weekly loss in three years as foreign investors sold $141.5 million worth of shares in the last three sessions, regulatory ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln