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Indian rupee hits more than 7-month high; shares in focus MUMBAI: The Indian rupee strengthened to its highest level in more than seven months on Tuesday, tracking broad global losses in the dollar and as foreign investors continued to buy into a record-setting rally in domestic shares this month.The US dollar nursed broad losses early on Tuesday, having come under pressure late in New York as investors bought the euro and drove the Australian dollar to its highest this year. The partially convertible rupee trading at 60.50/51 per dollar at 0336 GMT, its strongest level since Aug. 12 and higher than its Monday's close of 60.77/78. Overseas investors bought Indian shares worth 14.65 billion rupees ($240.9 million) and 10.56 billion rupees worth of index futures on Monday, when shares hit a record high. Copyright Reuters, 2014 ...

China's yuan consolidates gains as investors unwind long dollar positions HONG KONG: China's yuan consolidated against the dollar on Tuesday, following another stronger mid-point set by the central bank, as investors bet the Chinese currency would continue to rebound after its sharp fall in recent weeks.The yuan traded at 6.1825 per dollar at midday, up 0.1 percent from Monday's close at 6.1888. It traded at a wide range between 6.1732 and 6.1892 in morning trade.The People's Bank of China (PBOC) fixed the mid-point at 6.1426, ...
Dollar off recent highs, hampered by doubts about US growth momentum SYDNEY/SINGAPORE: The dollar held steady against a basket of major currencies on Tuesday, keeping a low profile after slipping on the previous day in the wake of a disappointing reading on US manufacturing activity. The dollar index last fetched 79.952, having backed away from Monday's session high of 80.290 and a three-week peak of 80.354 set last Thursday. The greenback had edged lower on Monday, after financial data firm Markit said its preliminary US Manufacturing ...
Sri Lankan rupee steady in dull trade; stocks edge down COLOMBO: The Sri Lankan rupee traded steady on Monday in light trade as importer dollar demand was offset by dollar sales from banks, dealers said. The spot rupee was at 130.62/68 per dollar as of 0627 GMT compared with Friday's close of 130.62/65. Contrary to market expectations, the local currency has been on the rise ahead of the traditional new year in April. Usually, the rupee falls in March and early April due to higher ...
Dollar holds on to gains in Asia TOKYO: The dollar held steady Monday following a surge last week on comments from Federal Reserve head Janet Yellen as Tokyo shares rebounded from a six-week low.In afternoon trading, the greenback fetched 102.43 yen, rising from 102.23 yen in New York Friday.The euro was mixed, buying $1.3800 and 141.37 yen, compared with $1.3794 and 141.87 yen.Tokyo's Nikkei 225 stock index, which finished up 1.77 percent, was lifted by the yen's weakening against the dollar, boosting ...
South Korea won ends higher on yuan rebound, foreign stock inflows SEOUL: The South Korean won ended higher in domestic trade on Monday, tracking other emerging currencies' gains on the yuan's rebound against the dollar and receiving additional support from foreign inflows to local stocks.The currency was quoted at 1,077.8 against the dollar at the end of onshore trade, compared with Friday's domestic closing level of 1,080.3. Copyright Reuters, 2014 ...
South Korea won flat, gives up initial gains on China PMI SEOUL: The South Korean won was nearly flat in early domestic trade on Monday, giving up initial gains after a weak China manufacturing sector survey added to worries about the world's second-largest economy and bolstered the dollar.The local currency was quoted at 1,080.8 against the dollar as of 0240 GMT, compared with Friday's domestic closing level of 1,080.3.The won traded as high as 1,078.0 in early trade as some investors shorted the dollar on bets ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln