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Aussie ticks higher, yen eases back LONDON: The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country's central bank chief said he was happy with current interest rate levels and made no attempt to talk down the currency.The yen was a touch lower after a couple of days of raised nerves over the situation in Ukraine and Gaza that had driven the traditional safe haven close to its highest in two months against the dollar and a six-month peak against the euro.Analysts said the day's main event would be U.S. inflation data due later, and they were also focusing on a meeting of foreign ministers in Brussels due to discuss the bloc's attitude to Russia's involvement in Ukraine.The Aussie has gained steadily since hitting an almost four-year low at the start of this year, driven by signs of improvement in its domestic economy and an easing off, at least ...

Euro stays afloat in tentative trade amid geopolitical concerns SYDNEY: The euro regained more ground on the dollar in Asia on Monday, having rebounded from a five-month trough, but trading was anything but energetic thanks to a holiday in Japan and amid concerns that geopolitical tensions could flare up at any time. The common currency drifted up 0.2 percent to $1.3546 , extending Friday's bounce from a five-month low of $1.3491. Solid support is seen at $1.3460/80, an area that had provided a floor ...
Australia, NZ dollars keep low profile as local events eyed WELLINGTON/SYDNEY: The Australian and New Zealand dollars were stuck in a holding pattern on Monday with a holiday in Japan and the risk of a fresh flare up in geopolitical tensions keeping investors firmly on the sidelines. The Aussie was a shade softer at $0.9391, having on Friday pushed up from $0.9336. It remained well within a $0.9320/9505 range seen in the past month. Its New Zealand counterpart marked time at $0.8702, steadying after last ...
NZ dollar pinned at 3-week low, Aussie proves more resilient WELLINGTON/SYDNEY: The Australian dollar was holding steady on Thursday having rebounded from two-week lows, proving more resilient than its New Zealand counterpart in a week that saw soft local inflation figures tame kiwi bulls. The Aussie was at $0.9361 after bouncing overnight from a two-week low of $0.9329. That kept the currency well within the $0.9320/0.9505 range seen in the past two months. The kiwi dollar traded at $0.8690, after touching a three-week low of ...
Euro hits the skids as sterling flies SYDNEY: The euro wallowed at five-month lows against the yen on Thursday and held near a two-year trough on sterling, having weakened broadly overnight in a move that should provide some comfort to the European Central Bank. Traders said recent upbeat UK data had prompted investors to switch into sterling from the euro.That in turn weighed broadly on the common currency, which extended its losses for a second session on Wednesday. The euro bought 137.50 ...
New Zealand dollar slips on benign inflation data SYDNEY: The New Zealand dollar shed nearly half a US cent on Wednesday after local inflation data came in softer than expected, an outcome that could ease pressure on the central bank to continue tightening policy this year. The kiwi dollar fell to a session low at $0.8725, from around $0.8766, after the annual inflation rate came in at 1.6 percent in the second quarter, below the 1.8 percent consensus. Sentiment for the kiwi had ...
Dollar bulls hear hawkish hint from Yellen, inflation lifts sterling SYDNEY: The dollar clung to modest gains early on Wednesday after bulls latched onto a comment by the head of the Federal Reserve that rates could rise sooner if employment continued to improve, while strong inflation sent sterling to a six-year high. The dollar index last traded at 80.388, near the close in New York where it climbed 0.3 percent. The greenback was at one-week highs on the yen at 101.67, while the euro wallowed ...


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