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Dollar drops vs yen and euro as stocks weaken, on track for monthly loss LONDON: The dollar lost ground against the safe-haven yen and the low-yielding euro on Monday as global stock markets began the week in the red, prompting investors to trim bets against currencies popularly used to fund risky carry trades. Under carry trades, investors sell a low-yielding currency to buy a riskier, higher-yielding ones for better returns. When volatility rises in global financial markets and stocks fall, they tend to take these positions off the table. European shares fell, with Germany's DAX and France's CAC on track for their worst month in four years. Chinese stock markets also fell while US stock futures pointed to a weak start. Volumes were relatively low with London shut for a holiday. In Europe, data showed euro zone inflation was unchanged in August, rising 0.2 percent year-on-year. And while it would offer some comfort to the European Central Bank in the short term, any further ...

Rouble falls back with oil as caution reigns after rally MOSCOW: The Russian rouble retreated on Monday as oil fell back below $50 per barrel and a cautious mood reigned on global markets after a rally in oil and stocks at the end of last week.At 0745 GMT, the rouble was 2 percent weaker against the dollar at 66.69 and down 2.1 percent to 74.78 versus the euro.The rouble had fallen to a 2015 low of 71.69 per dollar a week ago during the global ...
Sterling climbs after UK data points to robust investment, exports LONDON: Sterling inched up against the dollar on Friday, recovering from the previous day's 1 1/2-month lows after data showed UK growth was underpinned by robust exports and business investments in the second quarter. Sterling hit a high of $1.5427, up 0.2 percent, after the data, from $1.5400 beforehand. It had fallen to $1.5370 on Thursday after data showed the United States expanded much faster in the second quarter than previously estimated, boosting a view ...
Dollar index slips, investors await guidance from Fed LONDON: The dollar eased against a basket of major currencies for the first time in four days on Friday, with investors awaiting fresh comment from the US Federal Reserve on interest rates after a tumultuous week in global financial markets. The dollar had bounced back from seven-month lows struck on Monday as a semblance of calm returned to markets, with the greenback also benefiting from upbeat US data. The dollar index was down 0.1 percent ...
Currencies weaken on China worries, stocks calm down BUDAPEST: Central European currencies slipped on Wednesday as worries persisted that China's economic slowdown would lead to further declines in the price of emerging market assets.Stocks were little changed after seeing their biggest swings for years earlier this week.Among currencies, the Polish zloty shed 0.1 percent against the euro by 0825 GMT. The Czech crown, the forint and the leu fell 0.2 percent."The forint has weathered both the Greek crisis and the Chinese worries quite ...
Dollar gains as stocks recover, lessens safe-haven bid for yen LONDON: The dollar rose on Wednesday as some calm returned to currency markets with Wall Street stock futures pointing to a firm start and European shares recouping some of their losses, all of which lessened the need to buy safe-haven currencies like the yen. China's central bank ramped up its efforts to shore up sentiment, pumping $21.8 billion into the money market, a day after it cut interest rates and relaxed reserve requirements for some ...
Czech crown drops 0.2pc on day, weakest since end-July PRAGUE: The Czech crown eased 0.2 percent on Tuesday to 27.115 per euro, its weakest level since the end of July, Reuters data showed. "The region went wild a bit yesterday and it is levelling up today," a trader in Prague said. "The difference (between crown and regional peers) is not that dramatic. It is a bit nervous situation, China moves rates and it is so closely watched that everything moves." Copyright Reuters, 2015 ...

 



 
IndexClosingChg%
ArrowDJIA 16,528.03 0.69
ArrowNasdaq 4,776.51 1.07
ArrowS&P 1,927.18 0.84
ArrowFTSE 6,247.94 0.90
ArrowDAX 10,259.46 0.38
ArrowCAC-40 4,652.95 0.47
ArrowNikkei 18,890.48 1.28
ArrowH.Seng 21,670.58 0.27
ArrowSensex 26,283.09 0.41





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln