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Yen ticks up in Asia as BoJ stands pat on policy TOKYO: The yen ticked up in Asia Thursday after the Bank of Japan refrained from expanding its monetary easing programme, despite a slate of poor data for the world's number three economy.In midday Tokyo trade, the greenback slipped to 104.80 yen, down from 104.91 yen earlier in the day, but still up from 104.78 yen in New York.The euro bought 137.82 yen, down from 137.92 yen in the morning and a touch higher than 137.81 yen in New York.The single currency also changed hands at $1.3148, against $1.3152 in US trade.Japan's central bank stuck by its view that the economy was recovering, despite a contraction in the second quarter that underlined the damage inflicted by an April sales tax hike.Policymakers held fire on expanding the BoJ's vast stimulus programme following a two-day policy meeting, although they flagged housing and industrial production as weak spots, along with shaky demand for Japanese ...

Indian rupee hits five-week high; snaps four-day fall MUMBAI: The Indian rupee hit a five-week high and snapped a four-day losing streak on Wednesday as risk was back in favour after Ukraine and Russia agreed on a 'permanent ceasefire' helping local shares hit record highs yet again.The dollar sales by Japanese banks come on the back of the Indian Prime Minister's first major foreign trip to Japan, from where he returned earlier in the day.The euro climbed against almost every other major currency ...
Sri Lankan rupee little changed amid inward remittances COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Wednesday amid inward remittances and selling of the U.S. currency by exporters, while demand for the greenback from importers weighed on sentiment, dealers said.They said the two state banks, through which the central bank usually intervenes to stem major declines in the currency, bought dollars at 130.19, a level which the central bank is seen comfortable with.They expect the local currency to remain ...
Dollar hovers at eight-month yen highs in Asia TOKYO: The dollar hovered around eight-month highs against the yen in Asia Wednesday, powered by upbeat US manufacturing data, as the Bank of Japan kicked off a two-day policy meeting.In Tokyo the greenback bought 105.06 yen, its highest level since January, after climbing as high as 105.30 yen earlier in the day. It bought 105.10 yen late in New York.The euro weakened to $1.3129 and 137.85 yen from $1.3132 and 138.02 yen, as investors turn ...
Yen weakens in Asia as BoJ starts policy meeting TOKYO: The yen extended its slide in Asia on Wednesday as the dollar won support from upbeat US manufacturing data and the Bank of Japan kicked off a two-day policy meeting.In midday Tokyo trade, the greenback bought 105.18 yen, from 105.10 yen in New York and below the 105-yen level in Tokyo earlier Tuesday.The euro rose to $1.3134 and 138.16 yen against $1.3132 and 138.02 yen in US trade, as investors turn their focus to ...
Dollar index to rise into 83.16-83.373 range SINGAPORE: The dollar index is expected to rise into a range of 83.16-83.373 in a week, as it has broken a resistance at 82.662.The resistance had been formed at the 138.2 percent Fibonacci projection level of an upward wave c. The next resistance will be at 83.16, the 161.8 percent level.A Fibonacci retracement on the fall from the July 9, 2013 high of 84.753 to the May 8 low of 78.906 reveals the index has ...
Sri Lankan rupee ends steady in low trade COLOMBO: The Sri Lankan rupee ended little changed against the dollar on Tuesday as inward remittances and sales of the greenback by exporters offset demand from importers, dealers said.They expect the local currency to remain steady for the rest of the year after central bank Governor Ajith Nivard Cabraal said recently the banking regulator would intervene in the thinly-traded market whenever needed to keep the rupee stable.The rupee closed unchanged at 130.20/21 per dollar."The rupee ...

 



 
Index Closing Chg%
Arrow DJIA 17,131.97 0.59
Arrow Nasdaq 4,552.76 0.75
Arrow S&P 1,998.98 0.75
Arrow FTSE 6,792.24 0.18
Arrow DAX 9,632.93 0.28
Arrow CAC-40 4,409.15 0.44
Arrow Nikkei 15,911.53 0.23
Arrow H.Seng 24,136.01 0.91
Arrow Sensex 26,492.51 1.21





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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln