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Market takes a shine to the dollar, shuns euro SYDNEY: The US dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto solid gains made last week as investors turned bearish on the euro. A closely watched report on Friday showing a slump in German business sentiment and news the European Union was a step closer to imposing economic sanctions on Moscow had undermined the common currency. The euro, which fell 0.7 percent last week, languished near an eight-month trough of $1.3421. Against the yen, it traded at 136.69, not far from a six-month low of 136.37 plumbed on Thursday. The dollar index was steady at 81.028, having peaked at 81.084 on Friday, a high not seen since early February. So far this month, it has rallied almost 1.6 percent, on track for its best monthly gain since January. Latest figures from the Commodity Futures Trading Commission showed currency speculators had increased bullish ...

NZ dollar plumbs 6-week lows, weighs on Australian dollar WELLINGTON/SYDNEY: The New Zealand dollar fell to six-week lows and weighed on the Australian dollar on Monday, with markets awaiting key US events later in the week including a Federal Reserve meeting and major economic indicators. The New Zealand dollar eased to $0.8539, matching Friday's lowest level.It has tumbled nearly 3 percent in the past two weeks, largely after the Reserve Bank of New Zealand (RBNZ) signalled last week it was pausing its tightening cycle ...
Australian dollar jumps after upbeat China PMI survey SYDNEY: The Australian dollar hit a three-week high on Thursday after a closely watched survey showed activity in China's factory sector in July expanded at its fastest pace in 18 months. The Aussie rose as high as $0.9480, from around $0.9440 just before the survey was released. It was last at $0.9470, up 0.2 percent on the day. Copyright Reuters, 2014 ...
Kiwi sinks as central bank signals rate halt, China PMI lifts Aussie TOKYO/SYDNEY: The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China's factory sector expanded at its fastest pace in 18 months.The kiwi dollar dropped nearly a full US cent, touching levels not seen since June 12.The Australian dollar, often used as a proxy for the economic performance of ...
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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 16,960.57 0.72
Arrow Nasdaq 4,449.56 0.50
Arrow S&P 1,978.34 0.48
Arrow FTSE 6,791.55 0.44
Arrow DAX 9,644.01 1.53
Arrow CAC-40 4,330.55 1.82
Arrow Nikkei 15,457.87 1.13
Arrow H.Seng 24,216.01 0.31
Arrow Sensex 26,126.75 0.55





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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