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Dollar eases ahead of key US data TOKYO: The dollar eased against the yen on Wednesday as investors await a key US jobs report later this week.In Tokyo, the greenback slipped to 119.68 yen from 119.74 yen in New York, coming off levels above 120 yen earlier Tuesday. The euro was at $1.1166 from $1.1178 in US trade.Traders see the dollar as "top heavy" around 120 yen, a bank dealer told Jiji Press news agency, while another currency dealer said it was "difficult to build large positions" ahead of the US employment figures.The data later this week will supply the next clue about the state of the world's top economy, and the Fed's timeline for an interest rate hike, widely expected by mid-year. In other trading, the euro slipped to 133.61 yen from 133.85 yen ahead of a European Central Bank meeting on Thursday.The ECB council will unveil the details of the bond purchase programme it is ...

Sri Lankan rupee steady in dull trade; rate direction awaited COLOMBO: Sri Lankan rupee traded steady on Tuesday in dull trade as investors waited for direction on interest rates from a weekly t-bill auction after the central bank removed a lower repo penalty rate of 5 percent, dealers said.Actively-traded one-week forwards were steady at 133.60/75 per dollar."Everybody is awaiting the results of today's t-bill auction," a currency dealer said on condition of anonymity. The central bank with effect from Monday removed the lower repo penalty ...
Dollar weak, but keeps two-year high against China yuan TOKYO: The dollar slipped Tuesday following mixed US data, but it was sitting near a two-year high against China's yuan after Beijing cut interest rates at the weekend for the second time in three months.In Tokyo, the dollar weakened to 119.58 yen, down from 120.17 yen in New York, while the euro rose to $1.1196 from $1.1182.The greenback was also at 6.2737 yuan, against 6.2850 in US trade, levels not seen since October 2012, and ...
Dollar weak, but keeps two-year high against China yuan TOKYO: The dollar slipped Tuesday following a mixed slate of US manufacturing data, but it was sitting at a two-year high against China's yuan after Beijing cut interest rates at the weekend for the second time in three months.In Tokyo, the dollar fetched 119.71 yen, down from 120.17 yen in New York, while the euro rose to $1.1197 from $1.1182.The greenback was also at 6.2748 yuan, against 6.2850 in US trade, levels not seen since ...
China's Yuan falls to more than two-year low after central bank rate cut HONG KONG: China's Yuan fell to its weakest level since October 2012 against the dollar after the People's Bank of China cut the benchmark interest rate during the weekend.China's central bank said on Saturday that it would cut the benchmark saving rate by 25 basis points to 2.5 percent.The spot Yuan opened at 6.2730 per dollar, 34 pips weaker than the previous close and 1.98 percent weaker than the midpoint.Copyright Reuters, 2015 ...
Dollar extends gains after US growth data, China rate cut TOKYO: The dollar extended its gains in Asia on Monday as better-than-expected revised US economic growth data and an interest rate cut by China boosted confidence, analysts said.In Tokyo, the dollar fetched 119.87 yen, compared with 119.63 yen in New York and well up from 119.17 yen in Tokyo earlier Friday.The euro slipped to $1.1174 and 133.91 yen from $1.1195 and 133.93 yen in US trade."China's rate cuts improved risk sentiment while data showing Japanese ...
Sri Lankan rupee forwards end weaker on importer dollar demand COLOMBO: Sri Lankan rupee forwards ended weaker on Friday due to importer dollar demand amid a rise in bond yields, while the central bank said it would scrap a lower repo penalty rate of 5 percent from March 2. Bond yields went up on the central bank's surprise decision and on expectation it would raise overnight rates, said bond dealers. "The decision will ease the pressure on the rupee," said a currency dealer.One-week forwards, which ...

 



 
Index Closing Chg%
Arrow DJIA 18,135.72 0.21
Arrow Nasdaq 4,982.81 0.32
Arrow S&P 2,101.04 0.12
Arrow FTSE 6,961.14 0.6
Arrow DAX 11,504.01 1.00
Arrow CAC-40 4,963.51 0.94
Arrow Nikkei 18,751.84 0.26
Arrow H.Seng 24,193.04 1.11
Arrow Sensex 29,448.95 0.23







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $16.137 bln