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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 higherCopyright Reuters, 2014 ...

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 ...
Australian dollar stung by soft retail data, weighs on NZ dollar WELLINGTON: The Australian dollar was pulled closer to this year's trough on Wednesday following a surprisingly weak retail sales figure, dragging the New Zealand dollar lower in the process.The Aussie dropped 0.8 percent on the day to $0.8670 after retail sales rose a meager 0.1 percent in August, missing forecasts of 0.4 percent."U.S dollar strength was the dominant theme and the weak retail sales data didn't help," said Su-Lin Ong, senior economist at RBC Capital ...
Dollar breaks 110 yen for first time in six years TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string of generally upbeat US data and expectations of more Bank of Japan monetary easing.The greenback soared to 110.09 yen in late morning Tokyo trade, its highest level since August 2008 and up from 109.64 yen in New York, as investors turn their attention to a key US jobs report later this week.The dollar ...


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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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln