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Dollar rises against yen as risk appetite returns LONDON: The dollar rose against the safe-haven yen on Monday as upbeat data and a push-back of interest rate hike expectations restored some risk appetite to financial markets after a bout of jitters over global growth.Wall Street rallied and US Treasury yields rose on Friday after deep losses after a surprisingly strong US consumer sentiment reading and better-than-expected housing numbers that suggested economic growth in the United States was solid.The greenback got an extra boost against the yen on reports that Japan's $1.2 trillion Government Pension Investment Fund (GPIF) will significantly increase its allocation for stocks and boost its foreign asset holdings, in turn spurring demand for foreign currencies.The dollar index, which measures the greenback against a basket of six major currencies, rose 0.1 percent to 85.181 after dropping to a three-week trough of 84.472 last week."There are a number of factors providing some support for risk at the moment, ...

Russian rouble weaker vs dollar at market opening MOSCOW: The Russian rouble opened weaker against the dollar on Monday, following a downgrade of Russia's sovereign debt rating by Moody's Investors Service. At 0605 GMT the rouble was 0.36 percent weaker at 40.90 against the dollar and 0.33 percent weaker at 52.17 against the euro. -ReutersCopyright Reuters, 2014 ...
Russian rouble moves lower after Moody's rating cut MOSCOW: The rouble weakened against both the dollar and the euro on Monday, extending a dramatic slide that has seen the currency reach new record lows, after Moody's downgraded Russia's sovereign debt rating. The Russian currency has been pressured for months by falling oil prices, Western sanctions restricting Russian firms' access to international capital markets and a stronger dollar. The central bank says it has spent over $13 billion defending the rouble since the start ...
Yen retreats as risk appetite returns, eyes on Yellen LONDON: The yen edged down on Friday as comments from a Federal Reserve policymaker helped revive some appetite for risk, with investors focused on a speech later by Fed chief Janet Yellen. European stocks, oil and peripheral euro zone bonds, rebounded after being hammered this week, while the safe-haven Japanese currency lost ground.The riskier Australian dollar gained 0.5 percent to trade at 93.58 yen. Having hit an 11-month high against the euro on the previous ...
Turkish lira at 3-week high amid improved emerging market sentiment ISTANBUL: Turkey's lira hit a three-week high on Friday despite tensions still running high on its southern border with Syria, as emerging markets rebounded on comments suggesting US policymakers favour delaying an interest rate hike. The lira firmed to 2.2470 against the dollar by 1440 GMT from 2.2670 late on Thursday. It was its firmest level since Sept. 25. The main share index closed up 1.28 percent to 75,533, outperforming the broader emerging markets index ...
Euro slides to 11-month low against yen, volatility rises LONDON: The euro skidded to a fresh 11-month low against the safe-haven yen on Thursday as euro zone peripheral bonds came under pressure and as global growth worries sent investors in search of refuge.The euro fell 1 percent against the Japanese currency to 134.36 yen on trading platform EBS. Against the dollar, the euro fell 0.8 percent to $1.2720.The moves came as Greek 10-year bond yields rose by one percentage point, on mounting worries over ...
Euro dives on debt worries, Norway's crown hammered LONDON: The euro fell along with dramatic losses for higher-yielding currencies like the Norwegian crown and Australian dollar on Thursday as a sell-off of Spanish and Italian debt added to a growing sense of panic in financial markets.Another day of turmoil on European stocks was spurred by a spread of concerns from Greece to other debt-laden southern European nations, with Spain struggling to place all of a planned sale of bonds. U.S. stock futures also ...

 



 
Index Closing Chg%
Arrow DJIA 16,380.41 1.63
Arrow Nasdaq 4,258.44 0.97
Arrow S&P 1,886.76 1.29
Arrow FTSE 6,310.29 1.85
Arrow DAX 8,850.27 3.12
Arrow CAC-40 4,033.18 2.92
Arrow Nikkei 14,532.51 1.40
Arrow H.Seng 23,023.21 0.53
Arrow Sensex 26,108.53 0.42





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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 10, 2014
Reserves $13.401 bln