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Dollar edges up in Asia ahead of US jobs data TOKYO: The dollar rebounded slightly against the yen in Asian trade Friday after tumbling from a six-year high, as investors await the release of a key US jobs report later in the day.In Tokyo midday trading, the greenback changed hands at 108.78 yen, up from 108.42 yen.However, it is well off the levels above 110 yen it touched in Asia Wednesday before succumbing to profit-taking and disappointing US data.The euro was mixed at $1.2654 and 137.67 yen against $1.2667 and 137.34 yen in US trade, after European Central Bank policymakers on Thursday held off further rate cuts, but said they were committed to taking steps to combat deflation."Tonight's US payrolls data will be important; a strong labour report could push the dollar back up," Yutaka Miura, senior technical analyst at Mizuho Securities told Dow Jones Newswires.But traders were cautious with various concerns hitting sentiment, including the Federal Reserve's plans to ...

Dollar slips further in Asia after US data TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data that led to renewed concerns about the global economy.In Tokyo the greenback slipped to 108.70 yen, from 108.91 yen in New York, where it sank from above 110 yen levels seen earlier Wednesday -- the first time it has breached the mark in six years.The euro strengthened to $1.2651 from $1.2624, and to 137.52 ...
NZ dollar bounds higher against weaker greenback WELLINGTON: The New Zealand dollar bounded towards a one-week high against the US dollar, which was hit by broad based selling on Thursday.The kiwi hit a high of $0.7928 from an opening level of $0.7785, before settling around $0.7900.There was no specific news driving the kiwi, but it was also showing a 1 percent rise against the yen, and solid gains against sterling and the euro.The trade weighted New Zealand dollar basket was 0.8 percent ...
Dollar slips further in Asia after US data TOKYO: The dollar lost more ground in Asia on Thursday after tumbling in New York following weak US and European data that led to renewed concerns about the global economy.In Tokyo the greenback slipped to 108.75 yen, from 108.91 yen in New York, where it sank from levels above 110 yen seen earlier Wednesday -- the first time it has breached the mark in six years.The euro strengthened to $1.2656 from $1.2624, and to 137.63 ...
Indian rupee rebounds from 7-month low ahead of holidays MUMBAI: The Indian rupee rose on Wednesday, rebounding from a seven-month low touched earlier in the session as investors saw recent losses as overdone, even as caution prevailed ahead of an extended holiday.The rupee opened weaker at 61.95, a level last seen on March 4, but steadily regained some ground. The unit fell in both the previous sessions, dragged down by a global rally in the dollar due to worries about earlier-than-expected U.S. rate hikes.Still, ...
Sri Lanka rupee forwards end up on exporter dollar sales COLOMBO: Sri Lankan rupee forwards recovered on Wednesday due to exporter dollar sales after falling in early trade due to equity-related outflows and importer dollar demand, dealers said.Moral suasion by the central bank capped any sharp fall in the local currency below 130.50, dealers said. The spot currency was not quoted on Wednesday. It was quoted at 130.80 per dollar at the close on Tuesday."Exporter dollar conversions came in and the rupee ended firmer," a ...
Euro to fall on further stimulus - could still be above ECB comfort BANGALORE: The euro will weaken further over the coming year, according to analysts polled by Reuters, who said the possibility of further stimulus from the European Central Bank due to rising deflation risks will drag the currency lower.The strength of the euro was described as a "serious concern" by ECB President Mario Draghi in May when he first hinted at a broad-based asset purchase programme.The currency has slumped almost 10 percent since then, trading around ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln