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Dollar rises on rate hike talk, stocks hurt by China fears HONG KONG: An uptick in US economic growth increased expectations the Federal Reserve will hike US interest rates by the end of the year, providing more support to the dollar Monday but concerns over China dragged on stock markets.Dealers are keeping a close eye on the release of key US data this week, including employment, that will provide a better idea of when the central bank will announce its lift-off.Thursday will also see the Bank of Japan release its Tankan survey of business confidence, with analysts forecasting a dip in reaction to China's sharp growth slowdown, which has rattled global markets.St Louis Fed chief James Bullard on Friday raised the prospect of a lift in US borrowing costs on Friday when he said he would "like to get going". While he said he was not sure if a rise would come in October, his comments reinforced the view that monetary ...

Dollar, yen up on growth fears, Yellen speech in focus TOKYO: Asian traders shifted to safety Thursday with the dollar extending gains against emerging currencies as China concerns lingered ahead of a keenly awaited speech later in the day by US Federal Reserve chief Janet Yellen.Traders were spooked last Thursday when the Fed held off hiking interest rates, with Yellen citing concerns about China's woes and a developing market slowdown, which fuelled worries about the US outlook.Investors hope Yellen will use her upcoming speech to ...
Asian currencies retreat as talk of Fed rate hike returns SINGAPORE: The dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest rates within the year after deciding against a raise last week.Regional currencies were on the retreat amid concerns that an interest rate hike would spark an outflow of capital from emerging markets to seek higher returns.A decision last week by the Federal Open Market Committee (FOMC) of the US central bank to hold off a much ...
Dollar slips in Asia after Fed stands pat on rates TOKYO: The dollar fell against the yen on Friday in Asia after the US Federal Reserve held fire on raising rates, citing concerns about slowing growth in China and a fragile world economy.Emerging market currencies -- which have fallen nearly 20 percent in the past year -- edged up in choppy trade, but they are still on course for a rare weekly gain against the dollar.The dollar fell to 119.76 yen in Friday morning trade ...
Dollar weakens in tentative trade ahead of Fed decision TOKYO: The dollar was broadly weaker in cautious Tokyo trade Wednesday, ahead of a US interest rate decision this week that could see the first hike in almost a decade.The greenback fell to 120.18 yen from 120.40 yen Tuesday in New York, and the euro rose to $1.1295 from $1.1272, while battered emerging market currencies also gained.The single currency also gained to 135.74 yen from 135.71 yen.Economists are split over whether the US central bank, ...
Sri Lankan rupee at record low on importer dollar demand COLOMBO: The Sri Lankan rupee weakened 0.3 percent on Tuesday, hitting a record low for a third session in a row due to importer dollar demand, although some exporter conversions of dollars capped the fall, dealers said. The spot rupee ended at 140.25/35 per dollar, compared with Monday's close of 139.85/95. It fell 0.5 percent to hit an all-time low of 140.00 per dollar in early trade on Monday before regaining some of the losses ...
Sri Lankan rupee hits record low on importer dollar demand COLOMBO: The Sri Lankan rupee touched an all-time low of 140.00 per dollar on Monday due to importer dollar demand, although it later regained some of the losses after a state bank sold dollars to arrest the fall, dealers said. The spot rupee fell 0.5 percent to 140.00 per dollar earlier in the day, from Friday's close of 139.30/50. The previous record low of 139.30 was hit on Friday. However, the state bank sold some ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln