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Aussie dollar slips on disappointing retail sales data SYDNEY: The Australian dollar slipped a quarter of a US cent on Monday following a surprise fall in retail sales in March, encouraging markets to narrow the odds of further easing by the Reserve Bank of Australia later this week.The Aussie fell to a session low of $1.0270 and was last trading at $1.0285.Copyright PPI (Pakistan Press International), 2012 ...

Australia & NZ dlrs push higher, USD pulled down with yields WELLINGTON/SYDNEY: The Australian and New Zealand made solid gains across the board on Tuesday as benign US and European inflation data pushed down bond yields and added to pressure for more easing by major central banks.The Aussie up around $1.0343 from Monday's late local level of $1.0325, touching a near two-week high of $1.0359 offshore. The currency has gained around 0.6 percent this month.Aussie support seen at $1.0310 with resistance at $1.0360 and the $1.0395/00 ...
Australia & NZ dollars edge up, bond yields hit fresh lows WELLINGTON/SYDNEY: The Australian and New Zealand rose on Monday as a broadly weaker US dollar gave a boost to riskier assets, while the prospect of super easy monetary policies in Europe and United States benefited government bonds.The Aussie edged up to $1.0325, from $1.0287 early, while the kiwi rose 0.6 percent to a session high of $0.8529. Support was seen at $1.0250 and $1.0220, with resistance at $1.0320, ahead of $1.0350.Still, the Aussie was on ...
Australia & NZ dlrs creep higher with commodities, BOJ eyed SYDNEY/WELLINGTON: The Australian and New Zealand dollars edged higher on Friday thanks to better US jobs data and a rally in commodity prices, while investors also expect the Bank of Japan to underline its commitment to radical easing later in the day.The BOJ holds a policy meeting today and, while no new measures are likely given the aggressive steps already taken, analysts will want to see if the board is confident enough to forecast inflation ...
Australia dlr hits 6-wk low vs USD, wary of China data SYDNEY/WELLINGTON: The Australian dollar remained on the defensive on Tuesday after hitting a six-week low against the US dollar overnight, with the market wary ahead of manufacturing data from China.Investors await China flash PMI for April and the Aussie will be vulnerable to any disappointment. Recent mixed data from China has failed to match market expectations and stirred concerns about global growth."The market is still a bit shaken up following the surprising weakness in last ...
Yen selling supports Aussie & kiwi dollars SYDNEY/WELLINGTON: The Australian and New Zealand dollars were dragged broadly higher on Monday after the Group of 20 countries stopped short of criticising Japan's reflationary policies, putting the yen on the backfoot.The Aussie edged up to 102.79 yen, from a low of 100.84 on Friday, inching closer to five-year peaks set earlier this month. A break of 103 yen, the 61.8 percent retracement of the April fall, would target 105.43.The kiwi nudged higher to 84.26 ...
Aussie & NZ dollars on track for big losses on the week WELLINGTON/SYDNEY: The Australian and New Zealand dollars nursed sharp losses on Friday and were on track to end the week down more than 1 percent against a host of currencies as worries over global growth further sapped investor appetites.The Aussie dollar was pinned at $1.0314, having slipped to a five-week low of $1.0269 on Thursday. So far this week, it has lost 1.8 percent, its largest weekly decline in six months. This was in sharp ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln