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Euro wary as ECB policy decision looms, BoJ eyed SYDNEY: The euro clung on to modest gains against the dollar early on Thursday, having pulled up from one-year lows as investors booked some profits ahead of the European Central Bank policy review.News of a ceasefire plan in eastern Ukraine further shored up the common currency, although this is now in doubt after Ukraine's prime minister dismissed the proposal outlined by President Vladimir Putin. The common currency has already fallen a long way, dropping from a high of $1.3701 on July 1 to $1.3110 on Tuesday. It last traded at $1.3151. The steadier euro knocked the dollar index off a 14-month peak of 83.058 to 82.838.Traders said euro bears were just taking a breather due to uncertainty over whether the ECB will actually deliver a fresh round of policy stimulus or simply lay the groundwork to act at a later date. To be sure, the ECB is under strong pressure ...

Australian dollar scales multi-month highs vs yen & pound; NZD off lows WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced off lows versus their US counterpart on Thursday, while the Aussie climbed to multi-month highs against everything else after solid economic data underpinned sentiment. The Australian dollar rose as far as $0.9367, a full cent higher from a low touched Wednesday. Helping was data showing retail sales increased 0.4 percent in July to a record A$23.3 billion while the trade deficit narrowed to A$1.4 billion versus forecasts ...
Australian dollar dips on US dollar strength; RBA fails to surprise WELLINGTON/SYDNEY: The Australian and New Zealand dollars lost some ground versus a broadly stronger US dollar on Tuesday, while the Reserve Bank of Australia (RBA) offered no surprise in its monthly policy statement and refrained from talking down the currency.The Australian dollar dropped a third of a US cent to $0.9296 from $0.9331 in early trade as the US currency advanced across a broad front. The Aussie dollar was, however, still stuck in a familiar ...
Euro sees little reprieve in holiday trade, Aussie eyes rate call SYDNEY: The euro languished at one-year lows early on Tuesday, following an aimless session overnight with market activity severely hampered by a holiday in the United States.The common currency last traded at $1.3129, having drifted in a slim $1.3119/1.3146 range for all of Monday.That helped keep the dollar index near a 13-1/2 month peak of 82.804 . Against the yen, the greenback held just below a one-week high of 104.36. The euro dithered at 136.94, ...
Australian dollar cautious ahead of RBA, hits 15 month peak vs yen WELLINGTON/SYDNEY: The Australian dollar scaled a 15-month peak against the yen on Tuesday, and gave some ground versus its US counterpart as investors awaited the outcome of the Reserve Bank of Australia's (RBA) monthly policy meeting. The central bank is considered certain to hold rates steady at a record low of 2.5 percent and to signal further stability for policy. Markets will be scrutinising the tone of the statement. "A mention of the improved investment ...
Euro hamstrung by Ukraine worries, dollar up SYDNEY: The euro slipped to a fresh one-year low early on Monday as the situation in Ukraine worsened, although a holiday in the United States and major central bank events later in the week will probably keep investors sidelined. The common currency fell as far as $1.3127, from around $1.3140 late in New York on Friday, reaching lows not seen since early September 2013. It last traded at $1.3131. Ukrainian President Petro Poroshenko warned a ...
Australia & NZ dollars hold ground on euro, steady vs USD SYDNEY/WELLINGTON: The Australian and New Zealand dollars held hefty gains on a battered euro and marked time against their US counterpart on Monday, as geopolitical tensions in Ukraine and a week packed with events kept investors cautious. The euro drifted to A$1.4052, close to a 10-month trough of A$1.4043 touched Friday. It fell 2.4 percent in August and charts are negative with the 5, 10 and 20-day moving average edging lower.The deterioration of the situation ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln