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Euro drifts lower on unresolved Greek debt talks TOKYO: The euro lost ground Friday on uncertainty about Greece's future in the eurozone as it struck a last-minute deal to delay a debt repayment, but still faced several stumbling blocks before reaching a bailout reform agreement.In Tokyo trading, the single currency slipped to $1.1213 and 139.51 yen from $1.1239 and 139.79 yen in New York.Facing a Friday deadline, Greece bought time in debt crisis negotiations when it moved to bundle four International Monetary Fund loan payments into one.The move gives Athens until the end of June to hammer out a deal to unlock billions of euros needed to service its debts. There is a fear that if it defaults it could eventually be forced out of the eurozone.Despite easing the immediate pressure on Athens, a Greek government source said there were still key differences between the two sides, describing the creditors' position as "extreme" and "unacceptable".Athens is seeking less ...

Sri Lankan rupee forwards rise amid dollar sales COLOMBO: Sri Lankan rupee forwards ended firmer on Thursday, gaining for a third straight day on dollar sales amid expectation that the unit would rise further due to expected inflows, while the spot currency traded steady as a state-run bank sold the greenback, dealers said.One-week forwards, which were actively traded, ended at 134.10/20 per dollar, compared with Wednesday's close of 134.20/30.Three-month forwards, which have been actively traded over the last few weeks in the absence ...
South Korea won posts biggest daily gain in 3 weeks; shares down SEOUL: The South Korean won posted its biggest daily gain against the dollar in three weeks on Wednesday as the greenback broadly fell on hopes of progress in Greek debt talks and after a jump in European bond yields. Meanwhile, investors were wary of intervention by foreign exchange authorities to trim the local currency's appreciation to the yen. The won closed local trade down 0.7 percent at 1,104.7 to the dollar, posting its best daily ...
Dollar pressured after rally fizzles TOKYO: The dollar was under pressure against the euro and other currencies Wednesday after its rally ended on doubts over a US rate rise and speculation about a Greek funding deal. The greenback slipped to 123.96 yen in Tokyo trading from 124.09 yen late Tuesday in New York, and way off from a more than 12-year high of 125.05 yen recorded earlier Tuesday in Tokyo.The euro bought $1.1155 and 138.32 yen Wednesday in Tokyo, compared ...
Dollar hits more than 12 year high on yen TOKYO: The dollar hit a more than 12-year high against the yen on Tuesday as upbeat US data reignited talk of an interest rate hike this year.In Tokyo, the dollar briefly hit 125.05 yen -- its strongest level since December 2002 -- before settling back to 124.73 yen, compared with 124.81 yen in New York."The current dollar-buying sentiment is likely to remain strong for now as the market tends to react to US economic figures ...
Sri Lanka rupee forwards gain; spot trading resumes COLOMBO: Sri Lankan rupee forwards were firmer on Monday as the spot currency started to trade after the island nation raised nearly $1 billion from bond sales in the previous week, with the local currency seen holding steady amid further expected inflows.Sri Lanka raised $650 million on Thursday by selling a sovereign bond at a yield of 6.125 percent and $388 million from development bonds.The spot rupee started trading as a state bank, through which ...
Dollar steady in Asia despite weak GDP data TOKYO: The dollar was steady on Monday despite a first-quarter contraction in the US economy as investors look for clues of a pickup that would justify an interest rate hike this year.In Tokyo midday trading, the greenback bought 124.15 yen, slightly up from 124.12 yen in New York on Friday, but well off the 12-year high of 124.46 yen touched last week.Investors are now waiting for US jobs data for a clue about the state ...

 



 
Index Closing Chg%
Arrow DJIA 17,751.39 0.69
Arrow Nasdaq 5,111.73 0.44
Arrow S&P 2,108.57 0.73
Arrow FTSE 6,631.00 1.16
Arrow DAX 11,211.85 0.34
Arrow CAC-40 5,017.44 0.81
Arrow Nikkei 20,302.91 0.13
Arrow H.Seng 24,619.45 0.47
Arrow Sensex 27,563.43 0.38





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln