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Dollar picks up on interest rate hike speculation TOKYO: The dollar climbed Tuesday to a five-week high against the yen and held its euro gains on growing expectations the US Federal Reserve will raise interest rates this year. In Tokyo afternoon trading, the greenback was sitting at 124.43 yen, its strongest level since mid-June, compared with 124.30 yen in New York on Monday. The euro bought $1.0823 and 134.69 yen, against $1.0824 and 134.55 yen. Markets are keeping a close eye on the Fed as it considers its first rate rise since 2006 as the US economy gets back up to speed. Last week Fed chief Janet Yellen said she saw a rise taking place before 2016 -- a rate hike is a plus for the dollar.Talk of the rise comes as the Bank of Japan and European Central Bank spend hundreds of billions of dollars on bonds and other assets to support their respective economies, pushing down ...

Sri Lanka rupee ends steady for 5th session on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady for a fifth straight session on Monday as a state-run bank kept the selling rate at 133.80 to the dollar amid demand for the greenback from importers, dealers said.The spot currency closed unchanged at 133.80 on Monday, after it fell for the first time in seven sessions on July 13 following the state-owned bank's decision to raise the dollar-selling rate by 0.15 percent to 133.80."There is importer (dollar) ...
Dollar firm in Asia with focus on Fed rate hike timing SINGAPORE: The dollar firmed in Asia Monday with investors focusing on the timing of a US interest rate increase after debt-strapped Greece reached a bailout agreement with its creditors.The dollar rose to 124.17 Japanese yen in afternoon Singapore trade from 124.09 yen late Friday in New York.The euro weakened to $1.0827 from $1.0830 after the dollar pushed to a three-month high against the single currency on Friday.The euro was changing hands at 134.44 yen from ...
Dollar holds up as Greece, China fears ease TOKYO: The dollar was firm against the yen and euro on Friday as fears about Greece's debt and a rout on Chinese stock markets eased, while investors bet on a near-term US interest rate hike.In Tokyo afternoon trading, the greenback bought 124.05 yen, slightly down from 124.14 yen in New York, but still up from 123.90 yen Thursday in Asia.The euro ticked up to $1.0893 yen, from $1.0875 in US trade, where it fell at ...
Sri Lanka rupee ends steady on state bank dollar sales COLOMBO: The Sri Lankan rupee ended steady on Thursday as a state-run bank kept the selling rate of the greenback at 133.80 amid dollar demand from importers and inward remittances ahead of the Muslim festival of Eid, dealers said. The spot currency closed unchanged for a third straight session on Thursday, after it fell for the first time in seven sessions on Monday following the state-owned bank's decision to raise the dollar-selling rate by 0.15 ...
Yen dips after Bank of Japan cuts growth, inflation forecasts TOKYO: The yen edged lower Wednesday as Japan's central bank cut its annual growth and inflation forecasts for the world's third-largest economy, boosting the odds of more monetary easing measures this year.In Tokyo trading, the dollar ticked up to 123.44 yen from 123.38 yen in New York where it had weakened following disappointing US retail sales data.The euro rose to 135.86 yen from 135.82 yen in US trade, while it edged down to $1.1003 from ...
Dollar higher against euro after Greece deal TOKYO: The dollar rose against the euro in Asian trade Tuesday after Greece reached a tentative new bailout deal, with investors' focus now on the US Fed chief's testimony this week.On forex markets in Asia, the euro stood at $1.0986, slightly off from $1.1004 in New York late Monday.The euro eased to 135.74 yen against 135.84 yen in US trade, while the dollar moved higher to 123.59 yen from 123.45 yen.After gruelling 17-hour talks, Greek ...

 



 
Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln