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Dollar pressured in Asia after Fed minutes TOKYO: The dollar struggled in Asia on Thursday following the release of minutes from the Federal Reserve's September meeting that dampened expectations for an early interest rate hike.The greenback bought 107.96 yen in Tokyo midday trade, compared with 108.14 yen in New York, and well down from above the 110 yen level last week.The euro was at $1.2733 against $1.2734 in New York and much stronger than the $1.2667 level it was at before the minutes were released.The single currency also fetched 137.47 yen compared with 137.71 yen.On Wednesday, the minutes from the Fed's policy-making committee showed officials stressed "patience" in waiting to raise interest rates, worried about weaknesses in Europe, China and Japan as well as geopolitical troubles.In recent weeks the dollar has hit multi-year highs against the yen and euro as strong US data has fanned expectations of a rate hike sooner than later -- a move that ...

Indian rupee gains for third session on debt-related dollar inflows MUMBAI: The Indian rupee gained for a third straight session on Wednesday, largely on the back of heavy foreign fund buying of domestic debt while the International Monetary Fund's upward revision in the country's growth outlook also aided sentiment.The IMF raised India's growth forecast for the fiscal year to March 2015 to 5.6 percent from 5.4 percent, while trimming its global growth forecast.Most emerging Asian currencies, however, fell on Wednesday with Indonesia's rupiah at its ...
Dollar edges up as BOJ's Kuroda endorses benefits of weak yen TOKYO: The dollar rebounded against the yen on Friday from steep losses overnight, lifted by bargain hunting and comments from the Bank of Japan chief that a weak yen was on the whole positive for the economy. Bank of Japan Governor Haruhiko Kuroda said the yen's weakening is positive as long as it reflects the actual state of the economy.Investors awaited US non-farm payrolls data later in the day for further relief for the dollar, ...
Sri Lankan rupee gains, central bank starts OMOs COLOMBO: The Sri Lankan rupee gained against the dollar on Friday after the central bank resumed open market operations (OMOs) in the previous session. The Central Bank of Sri Lanka had suspended OMOs along with its last month monetary policy announcement on Sept. 23, to push banks cut lending rates and boost private sector credit. The spot currency was traded at 130.35/40 per dollar at 0630 GMT compared with Thursday's close of 130.30/50. It had ...
Asian currencies mixed, focus on coming US jobs data SINGAPORE: Asian currencies were mixed on Friday, with their near-term fortunes seen hinging on whether US jobs data coming later in the day would prompt a renewed rise in US bond yields.The Taiwan dollar and the Philippine peso edged higher, while the Thai baht and Singapore dollar slipped.The Indonesian rupiah eased 0.1 percent to 12,153 versus the dollar. The rupiah has fallen about 1.1 percent this week, while Indonesian bond yields have pushed higher.A Bank ...
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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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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 23, 2014
Reserves $13.465 bln