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Euro finally gives in, Aussie eyes CPI test SYDNEY: The euro languished at multi-month lows against many of its peers early on Wednesday, having moved decisively lower overnight along with an eye-catching fall in the Swiss franc. Traders said there was no specific trigger although the weaker euro dovetailed nicely with expectations for the European Central Bank to ease policy further. Some traders noted a big buy order in USD/CHF from a real money fund had helped push the dollar up on the euro, cracking a big barrier in the $1.3475-$1.3510 zone. The dollar climbed 0.5 percent to 0.9027 francs. The common currency plumbed eight-month lows against the greenback and the Australian dollar at $1.3459 and A$1.4304. On the yen, it slid to its lowest in over five months at 136.58, bringing its 2014 trough of 136.25 yen back in view. Analysts at BNP Paribas noted the previously strong support for the euro from capital inflows has now ...

Australian dollar rises after inflation data WELLINGTON: The Australian dollar gained more than a quarter of a cent on Wednesday after inflation data came in stronger than expected. The headline figure was in line with expectations but underlying measures were stronger than forecast. The Aussie hit a high of $0.9434 from $0.9388 before the data. Copyright Reuters, 2014 ...
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 ...
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 ...

 



 
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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