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Indian rupee edges up but snaps two-week gaining streak MUMBAI: The Indian rupee ended marginally higher on Friday, as heavy dollar demand from importers to meet month-end commitments was offset by greenback sales from custodian banks, continuing a pattern of largely range-bound trading. Still, the rupee fell 0.3 percent for the week, posting its first weekly loss in three in a week dominated by flows rather than major events or factors. Traders said they will continue to monitor movements in other Asian currencies and moves in domestic shares for clues in the near-term."There were some heavy dollar inflows with custodian banks which helped offset the demand from oil firms and other importers," said Vikas Babu Chittiprolu, a senior foreign exchange dealer with state-run Andhra Bank."Geopolitical tensions will be the key trigger to watch out for as there are no other factors internally. The 59.80 to 60.50 range will continue to hold." The partially convertible rupee closed at 60.1025/1125 per ...

Euro digs in after rebounding from lows TOKYO: The euro held firm against the dollar and yen on Friday after bouncing back from multi-month lows in the previous session in response to upbeat manufacturing data.The news out of Europe added an upbeat outlook fuelled by a surge in an index that gauges the manufacturing sector in China, the world's number two economy. The single currency bought $1.3464 in Tokyo, the same rate in New York late Thursday, while fetching 137.04 yen from ...
Euro stands firm after rebounding from lows TOKYO: The euro dug in against the dollar and yen on Friday after bouncing back from multi-month lows in the previous session in response to upbeat manufacturing data.The news out of Europe added an upbeat outlook fuelled by a surge in an index that gauges the manufacturing sector in China, the world's number two economy. The single currency bought $1.3465 and 137.06 yen in Tokyo, compared with $1.3464 and 137.07 yen in New York late ...
Sri Lankan rupee steady at 1-week high; stocks edge up COLOMBO: The Sri Lankan rupee traded flat on Thursday as exporter dollar sales offset importer demand, a day after the treasury secretary said the rupee was maintained steady while the country builds up its foreign exchange reserves.The rupee was traded at 130.24/26 per dollar at 0723 GMT, the same as its previous close, which was also the highest close since July 18."There was not much of pressure on either side," said a currency dealer.Finance Secretary ...
Asian currencies slip on profit-taking, won dented by weak GDP SINGAPORE: Asian currencies slipped on Thursday as investors booked profits after a recent rally, while the won fell as South Korea's weak second-quarter growth bolstered expectations for an interest rate cut.The won fell 0.5 percent to 1,028.6 versus the dollar , snapping a three-day winning streak.South Korea offered billions of dollars in stimulus spending on Thursday to shore up domestic demand after Asia's fourth-largest economy grew at its weakest pace in more than a year ...
Dollar steady in Asian trade TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat manufacturing figures out of China.In late afternoon Tokyo trade, the dollar fetched 101.47 yen, against 101.48 yen in New York late Wednesday.The euro bought $1.3455 and 136.55 yen, against $1.3462 and 136.62 yen.Regional stock markets rose as an index of Chinese manufacturing activity hit an 18-month high in July, boosting hopes for the world's number ...
Dollar steady in Asian trade TOKYO: The dollar held steady in Asia Thursday with currency markets little moved by weak Japanese trade data and upbeat manufacturing figures out of China.In afternoon Tokyo trade, the dollar fetched 101.45 yen, against 101.48 yen in New York late Wednesday.The euro bought $1.3459 and 136.55 yen, against $1.3462 and 136.62 yen.Regional stock markets rose as an index of Chinese manufacturing activity hit an 18-month high in July, boosting hopes for the world's number two ...

 



 
Index Closing Chg%
Arrow DJIA 16,563.30 1.88
Arrow Nasdaq 4,369.77 2.09
Arrow S&P 1,930.67 2.00
Arrow FTSE 6,730.11 0.64
Arrow DAX 9,407.48 1.94
Arrow CAC-40 4,246.14 1.53
Arrow Nikkei 15,620.77 0.16
Arrow H.Seng 24,756.85 0.10
Arrow Sensex 25,894.97 0.74





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln