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Euro rises broadly, hits 7-1/2 month high versus pound LONDON: The euro rose to a 7-1/2 month high against the British pound in thin trading conditions on Monday as speculators continued to trim short positions against the single currency amid waning worries about the euro zone debt crisis.   The euro also rose to a session high against the dollar of $1.3234 with offers cited above $1.3240.   The euro was up 0.2 percent at 81.69 pence, its highest level since early May, with the British pound also underperforming the single currency amid lingering concerns about the UK economy.   Center>Copyright Reuters, 2012 ...

Swiss franc broadly steady in Christmas-thinned trading  LONDON: The Swiss franc was little changed on Monday in thin pre-Christmas trading and could come under pressure against the dollar if US lawmakers fail to strike a deal before year-end to avert a fiscal crisis.   The White House on Friday tried to rescue stalled US budget talks after a Republican plan imploded in Congress, but there was little headway as lawmakers and President Barack Obama abandoned Washington for Christmas.   The franc last week hit its highest ...
Sterling holds steady, struggling UK outlook offers little cheer  LONDON: Sterling was steady in thin trading on Monday, with lingering doubts over a UK recovery likely to keep alive the chances of more monetary easing in the New Year that would limit any gains for the pound.   Uncertainty over the US budget talks was also likely to support inflows into the more liquid US dollar in the near term, traders said.   The White House on Friday tried to rescue the stalled talks after an alternative Republican ...
Dollar firms as US budget talks stall, yen outperforms  LONDON: The dollar rose against growth-linked currencies on Friday after talks to resolve a US budget crisis stalled, fuelling concerns the world's largest economy could be tipped into recession.   The dollar, however, lagged the yen, as investors trimmed large short positions against the safe-haven Japanese currency after the Bank of Japan this week increased its asset purchase programme by less than some had expected.   Both the dollar and the yen, the most liquid currencies, are likely to ...
Yen rises after cautious BoJ action disappoints some  LONDON: The yen rose on Thursday after the scale of asset purchases by the Bank of Japan disappointed some investors who had positioned for more aggressive easing.   Gains in the Japanese currency were expected to be capped however, by the prospect of further easing by the BoJ next year.   The Japanese central bank increased its asset buying by 10 trillion yen and said it would debate next month whether there is room to raise its inflation target, ...
Swiss franc stable vs dollar as fiscal cliff fears re-emerge  ZURICH: The Swiss franc was steady against the dollar on Friday after pulling back from a more than seven month high in the previous session as resurgent concerns over a looming US fiscal crisis shook risk appetite and lifted the safe-haven greenback.   US president Barack Obama and the Republican-dominated Congress remain locked in conflict over how to avoid the so-called fiscal cliff that would trigger budget cuts and tax increases, threatening the United States' economic recovery.   The ...
Sterling edges up ahead of UK retail data  LONDON: Sterling rose early on Thursday, holding clear of a multi-month low against the euro and nearing a high against the dollar as investors awaited data expected to show a gain in retail sales in November.   The pound traded at 81.30 pence per euro, recovering from a 7-1/2 month low of 81.68 struck on Wednesday after stronger than expected German Ifo data helped lift the shared currency.   UK retail data due at 0930 GMT is expected to ...

 



 
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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 $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln