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Dollar rally takes breather in Asia TOKYO: The dollar eased against the yen Friday after a three-day rally driven by upbeat US economic growth and expectations of a Federal Reserve interest rate hike as early as September.In Tokyo, the greenback bought 123.97 yen against 124.15 yen in New York, where it briefly jumped to 124.50 yen.The euro strengthened to $1.0945 from $1.0931 while it edged down to 135.69 yen from 135.70 yen in US trade.On Thursday, the US Commerce Department said the world's top economy expanded at an annualised rate of 2.3 percent in the April-June period, the strongest since the third quarter of 2014.And while the figure was a little below expectations, the department also revised up its estimate on the first quarter of the year -- which was hit by severe winter weather -- to growth of 0.6 percent, from a 0.2 percent contraction."The US dollar remains supported by the looming Fed tightening cycle," ...

Dollar picks up after Fed boosts view on economy TOKYO: The dollar picked up Thursday after the Federal Reserve boosted its view of the US economy, with analysts saying it has left the door open for a possible interest rate hike as early as September.In Tokyo, the dollar traded at 124.07 yen, up from 123.91 yen in New York and 123.64 yen in Tokyo Wednesday before the Fed finished a two-day policy meeting.The euro slipped to $1.0977 from $1.0990, while it was at 136.20 ...
Dollar dips ahead of Fed policy statement TOKYO: The dollar eased Wednesday as traders remained on edge after a China stock market plunge this week and as the Federal Reserve wound up a two-day meeting, with hopes of some guidance on its plans for raising interest rates.In Tokyo the dollar was at 123.43 yen, against 123.56 yen in New York late Tuesday.The euro changed hands at $1.1060 and 136.73 yen compared with $1.1058 and 136.64 yen in US trade.The greenback came under ...
Sri Lanka rupee up after state bank cuts dollar peg COLOMBO: The Sri Lankan rupee ended a tad firmer on Tuesday after a state-run bank cut the currency's peg against the US dollar by 10 cents to allow the exchange rate to appreciate to 133.60, dealers said.One of the two state banks, through which the central bank usually directs the market, sold dollars at 133.60 to keep the rupee steady, they said. However, there was downward pressure on the rupee due to demand for the ...
Dollar under pressure on China equity rout concerns TOKYO: The dollar recovered slightly against the yen Tuesday, although gains were limited as investors remain on edge after a sharp plunge in Chinese markets hit risk sentiment, but the euro was supported by upbeat German data.In Tokyo, the greenback fetched 123.55 yen, up from 123.24 yen in New York late Monday. although it is still off the 123.75 yen earlier in Asia.The euro changed hands at $1.1076 and 136.79 yen, against $1.1091 and 136.69 ...
Dollar edges down ahead of Fed meeting TOKYO: The dollar was under pressure Monday following weak US housing figures, as traders await the start of the Federal Reserve's latest policy meeting.In Tokyo afternoon trading, the greenback fetched 123.47 yen, down from 123.81 yen in New York late Friday.The euro changed hands at $1.1006 and 135.91 yen, against $1.0977 and 135.89 yen in US trade.Data on Friday showed sales of new single-family homes in the US fell in June and May sales were ...
Euro softens in Asia after Greece gains TOKYO: The euro lost early gains in Asia on Friday after getting a boost from progress in the Greek debt crisis, while the dollar rose against most Asian currencies as investors bet on a US rate hike this year.In Tokyo afternoon trade, the single currency fetched $1.0974 and 135.99 yen, down from $1.0985 and 136.10 yen in New York.The dollar was trading at 123.92 yen, slightly up from 123.90 yen.Spirits were dampened by a report ...


Index Closing Chg%
Arrow DJIA 16,790.19 0.08
Arrow Nasdaq 4,748.36 0.69
Arrow S&P 1,979.92 0.36
Arrow FTSE 6,326.16 0.43
Arrow DAX 9,902.83 0.90
Arrow CAC-40 4,660.64 0.95
Arrow Nikkei 18,186.10 1.00
Arrow H.Seng 21,831.62 0.10
Arrow Sensex 26,932.88 0.55

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 05, 2015
Reserves $18.349 bln