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Indonesia's central bank intervenes in market to stem volatility in rupiah JAKARTA: Indonesia's central bank said on Monday it intervened in the foreign exchange market by injecting dollars to stem volatility in the rupiah. "Bank Indonesia will not allow large fluctuation of rupiah by adding US dollar supply to the market," Mirza Adityaswara, senior deputy governor of Bank Indonesia, told Reuters. The rupiah was traded at 12,165 to the dollar, a seven-month low, due to political uncertainty and in response to the US dollar's broad strength. Copyright Reuters, 2014 ...

Indian rupee falls as dollar surges against Asia FX MUMBAI: The Indian rupee fell on Monday in a volatile session after an upward revision in US quarterly growth data raised concerns about earlier-than-expected interest rate hikes there, while caution also prevailed ahead of the central bank's policy review. The Reserve Bank of India is widely expected to keep interest rates on hold on Tuesday, with investors more focused on what tone it will adopt about future moves. Although the central bank's commitment to fight ...
Dollar hits highs vs euro, yen; Kiwi, HK dollar skid TOKYO: The dollar touched a fresh four-year high against a basket of currencies and a six-year peak against the yen on Monday, getting a tailwind from data showing higher U.S. growth in the second quarter.It rose to a nearly two-year high against the euro, held aloft by divergent market expectations for U.S. and European monetary policy.The greenback also rallied to a 13-month high against the New Zealand dollar after Reserve Bank of New Zealand data ...
Sri Lanka rupee steady on moderate bond sales by foreign investors COLOMBO: The Sri Lankan rupee traded flat on Monday despite foreign investors extending their selling spree of government securities from last week and dollar demand by importers as moral suasion by the central bank offset any depreciation in the local currency, dealers said."There are bond sales and the central bank's moral suasion prevented trades above 130.35," a dealer said.Central Bank Governor Ajith Nivard Cabraal, however, said there was no heavy moral suasion as the bond ...
Dollar pushes towards 110 yen in Asia TOKYO: The dollar rose Monday after data showed the US economy grew more than first thought in April-June, while it hit a six-month high against the Hong Kong dollar after weekend unrest in the southern Chinese city.Analysts said the US unit would break the 110 yen threshold "sooner or later" as the US economy gets back on track.The greenback bought 109.40 yen in Tokyo on Monday, up from 109.28 yen in New York.The single European ...
Dollar holds at lofty levels, HK dollar hit by pro-democracy protests TOKYO: The dollar started the week close to a six-year peak against the yen and touched a fresh four-year high against a basket of currencies, getting a tailwind from data showing higher U.S. growth in the second quarter.The Commerce Department on Friday raised its estimate of gross domestic product to show the economy expanded at a 4.6 percent annual rate - its fastest pace in 2-1/2 years.The pick up in the economy was broad-based and ...
South Korean won hits 5-1/2 month low as dollar rides on U.S data; shares flat SEOUL: The South Korean won fell to a 5-1/2 month low against the dollar on Monday, as the greenback surged on data pointing to robust economic growth.The dollar touched a fresh four-year high against a basket of currencies.The won was trading at 1,049.2 to the dollar as of 0130 GMT, its lowest level since April 8. It closed Friday's onshore trading session at 1,044.4.Data on Friday showed the US economy expanded at its fastest growth ...


Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55

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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 20, 2014
Reserves $13.436 bln