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Euro edges up ahead of key Greece talks SINGAPORE: The euro rose in Asia Wednesday, with investors calm ahead of talks between Greece and its creditors as it seeks to renegotiate a bailout deal, while the dollar firmed against the yen on expectations the Federal Reserve will hike interest rates.The euro bought $1.1325 and 135.38 yen in Singapore, against $1.1315 and 135.15 yen in New York Tuesday, while the greenback rose to 119.53 yen from 119.44 yen.Japanese financial markets were closed Wednesday for a public holiday.On Wednesday Greece's new leadership will seek a cash lifeline at an emergency meeting of eurozone finance ministers, presenting a plan aimed at rewriting some of the terms of its 240 billion euro bailout.But in a sign of the tense negotiations ahead Prime Minister Alexis Tsipras told parliament he would not bow to German demands that the country first complete a pending bailout loan agreement.German Finance Minister Wolfgang Schaeuble had said earlier in ...

Dollar eases, euro pressured by Greek worries TOKYO: The dollar eased against the yen Tuesday as a rally fuelled by last week's US jobs report faded, while worries that Greece could leave the eurozone put pressure on the European currency.The greenback was at 118.50 yen in Tokyo afternoon trade against 118.64 yen in New York Monday afternoon.The euro bought $1.1331 compared with $1.1325 in US trade while falling to 134.27 yen from 134.35 yen.Friday's strong jobs growth figures raised expectations the Federal ...
Sri Lanka rupee steady; downward pressure remains despite central bank moves COLOMBO: The Sri Lankan rupee ended steady on Tuesday despite importer dollar demand, a day after Finance Minister Ravi Karunanayake said the currency would be held at the current level as the central bank prevented its fall through moral suasion.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.Actively traded three-month forwards ended at 134.50/65 per dollar, while all other ...
Commodity currencies gain on oil, China, as dollar consolidates SYDNEY/TOKYO: Commodity currencies held on to modest gains made on talk of possible Chinese stimulus and a notional bottoming-out of oil prices, while the US dollar's payrolls-inspired rally ran out of steam.The Australian dollar gained 0.4 percent to $0.7828, keeping some distance from a 5-1/2-year low of $0.7627 touched a week ago following a rate cut by the Reserve Bank of Australia.Although the currency ticked down after Chinese inflation data showed consumer inflation hit a ...
Sri Lanka rupee falls despite central bank intervention COLOMBO: The Sri Lankan rupee came under pressure on importer dollar demand despite moves by the central bank to limit its fall on Monday through a combination of moral suasion and lowered forward premiums.Two-month forwards, which were actively traded, were quoted at 134.00/20 per dollar at 0658 GMT, as all other forwards ceased trading after the central bank narrowed the per day premium, dealers said.The central bank, which limited forward premiums at five cents per ...
Dollar index to hover below 95.533 SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest support at 93.776.Resistance and support are identified respectively as the 138.2 percent and the 123.6 percent Fibonacci projection levels of an upward wave 3, which started at the May 9, 2014 low of 78.906.Resistance has triggered a correction which may extend to 92.694, the 114.6 percent level, as support at 93.776 does not seem to ...
Dollar pulls back after jobs-inspired rally, Greece back in focus TOKYO: The dollar dipped on Monday as traders sold into a rally triggered by robust US jobs data, while the Greek debt situation crept back into focus as Athens reaffirmed its rejection of an international bailout programme.The dollar index, an indication of its performance against a basket of key currencies, slipped 0.2 percent to 94.535.The euro edged up 0.2 percent to $1.1338, having lost about 1.5 percent on Friday when strong US employment figures helped ...

 



 
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