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Dollar rises in Asia on upbeat US data TOKYO: The dollar extended its gains in Asia Wednesday after an encouraging surge in US housing construction boosted optimism over the state of the world's number one economy.In midday Tokyo trade, the greenback rose to 103.19 yen from 102.91 in New York.The euro weakened to $1.3305 from $1.3321, while it strengthened to 137.28 yen against 137.07 yen in US trade.Traders moved out of the yen -- seen as a safe-haven currency in times of turmoil -- after the upbeat US data and as investor concerns about a clash between Russia and Ukraine eased.Housing starts in the world's biggest economy jumped 15.7 percent in July to their strongest level since last November, while new building permits rose 8.1 percent.Easing geopolitical jitters, Russian President Vladimir Putin and his Ukrainian counterpart will meet next week for the first time in two months. The gathering will also involve senior European Union officials. The dollar ...

South Korea won falls on dollar strength, shares flat SEOUL: The South Korean won fell on Wednesday after strong U.S housing data propelled the dollar higher against a broad range of currencies. The won was quoted at 1,022.7 per dollar at the conclusion of domestic trade, snapping a three-day winning streak that drove it to a 5-week intraday high on Monday. In the equities market, the benchmark KOSPI index ticked 0.08 percent higher to close at 2,072.78 points after treading water for most of ...
Dollar extends rise vs yen in wake of solid US housing data SINGAPORE: The dollar hit a four-month high versus the yen on Wednesday after strong US housing data the previous day added to hopes of a firming recovery in the world's biggest economy. The dollar rose to as high as 103.23 yen as of 0347 GMT, its highest level since early April. It last traded at 103.20 yen, up 0.3 percent on the day. Copyright Reuters, 2014 ...
China's yuan snaps 5-day rising streak on weaker midpoint HONG KONG: China's yuan broke a five-day rising streak against the dollar on Wednesday after the central bank set the official guidance rate slightly weaker than the previous session.Still, the currency was hovering near five-month highs as investors appeared to regain a measure of confidence in China's economy and bet on further gains in the yuan.The improving sentiment was reflected in a pick-up in long positions in the yuan to a near seven-month high, a ...
Indian rupee gains slightly on bunched up dollar inflows MUMBAI: The Indian rupee strengthened slightly on Tuesday on bunched up dollar inflows after a four-day weekend and as shares hit a second consecutive record high, but broader gains were capped by good greenback demand from oil importers.Trading in the foreign exchange market resumed after two trading holidays on Friday and Monday, leading to bunched up dollar inflows, helping the rupee appreciate.India's BSE and NSE indexes, which were open for trading on Monday, hit second ...
Sri Lanka rupee firmer on exporter dollar sales COLOMBO: The Sri Lankan rupee ended firmer on Tuesday as exporter dollar sales outpaced importer demand for the greenback, though broader gains were capped as state banks bought dollars to prevent any sharp gains, dealers said.The rupee ended at 130.13/14 per dollar after touching 130.17, slightly firmer from Monday's close of 130.15/16. It had hit a two-week low of 130.26 per dollar on Wednesday.Two state banks, through which the central bank usually intervenes in the ...
Sri Lanka rupee firm on exporter dollar sales COLOMBO: The Sri Lankan rupee gained against the US dollar on Tuesday as exporter dollar sales outpaced importer demand for the greenback even as state banks prevented any further appreciation, dealers said.The rupee was trading at 130.13/15 per dollar at 0800 GMT, a tad firmer from Monday's close of 130.15/16. It had hit a two-week low of 130.26 per dollar on Wednesday.Two state banks, through which the central bank usually intervenes in the market, bought ...

 



 
Index Closing Chg%
Arrow DJIA 17,079.57 0.25
Arrow Nasdaq 4,557.70 0.26
Arrow S&P 1,996.74 0.17
Arrow FTSE 6,805.80 0.36
Arrow DAX 9,462.56 1.12
Arrow CAC-40 4,366.04 0.66
Arrow Nikkei 15,459.86 0.48
Arrow H.Seng 24,741.00 0.71
Arrow Sensex 26,638.11 0.29





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln