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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 as high as 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 has been rising against the yen and euro as the US Federal Reserve's stimulus tapering policy increasingly diverges with expectations for fresh easing moves by Japanese policymakers and the European Central Bank.Hopes for an earlier-than-expected US interest rate hike have been drawing investors back to the dollar amid signs that a recovery in the world's number one economy was taking hold.But the employment figures on Friday will be crucial to cementing that optimism ...

Sri Lanka rupee weaker on stock-related outflows, seen falling further COLOMBO: The Sri Lankan rupee was weaker on Tuesday due to equity-related outflows and selling of government securities, but moral suasion by the central bank prevented sharp falls, dealers said.The spot currency was quoted at 130.58/68 per dollar at 0721 GMT, weaker from Monday's close of 130.50/55.However, dealers said the spot was not traded as the central bank asked banks not to trade above 130.43 per dollar and the forwards picked up as a result.Three-day ...
Most Asian currencies set for monthly loss, rupiah hits 8-month low SINGAPORE: The Indonesian rupiah hit its lowest level in nearly eight months on Tuesday and most Asian currencies were set for monthly losses, having taken a hit as investors position for an eventual rise in US interest rates.The rupiah fell to as low as 12,230 versus the dollar , its lowest level since early February.Asian currencies had a mixed day on Tuesday, with some getting a bit of a respite from recent selloff.Still, most were ...
China's yuan rebounds, offshore investors wary of Hong Kong unrest HONG KONG/SHANGHAI: China's yuan rebounded slightly against the dollar on Tuesday, but trading kept to a tight range as offshore investors were wary over continuing protests in Hong Kong and ahead of a holiday.The Chinese currency fell in Hong Kong trading on Monday on nervousness over the pro-democracy protests. Although tens of thousands of protesters extended a blockade of Hong Kong streets on Tuesday, traders said it was having little direct impact so far.The offshore ...
Dollar slips but set to end September with solid gains TOKYO/SYDNEY: The dollar took a breather on Tuesday from its recent rally but was still not far from four-year peak against a basket of major currencies, and could be on track to post its biggest monthly gain in over a year. The dollar index last stood at 85.544, not far from an overnight peak of 85.798 - a high not seen since July 2010. Its monthly gain of more than 3 percent could put it ...
Dollar eases ahead of data release, eyes on Hong Kong TOKYO: The dollar dipped in Asian trade Tuesday after enjoying a recent rally, with investors awaiting the release of key US data this week, while they are also keeping tabs on protests in Hong Kong that have shut parts of the city.The greenback was changing hands at 109.24 yen, down from 109.45 yen in New York late Monday, while the euro fetched $1.2695 compared with $1.2686.And the single currency was also at 138.70 yen, against ...
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. ...

 



 
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