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British inflation data helps sterling recover against dollar LONDON: Sterling edged up against the dollar on Tuesday after data showed UK inflation picking up slightly in October, providing some relief for investors expecting a lower number after recent comments from the Bank of England.Consumer prices rose by an annual 1.3 percent in October, up from September's five-year low of 1.2 percent and in line with economists' forecasts in a Reuters poll. Core inflation held steady at 1.5 percent.Sterling hit a day's high of $1.5669 after the data, from $1.5648 beforehand. It was last trading at $1.5660, up 0.1 percent on the day.It is still not far from a 14-month low of $1.5593 hit on Friday as investors pushed back expectations of when British interest rates would rise after the BoE said inflation could fall below 1 percent in the next six months."The inflation data has taken the edge off some of the comments that we've heard from the ...

Yen extends losses, drops to 7-year low vs dollar LONDON: The yen fell to a seven-year low against the dollar and a six-year trough against the euro on Tuesday, after Japanese Prime Minister Shinzo Abe indicated he would take more steps to revive the flagging economy.As widely expected, Abe said he would delay an unpopular sales tax rise and was reported as telling ruling party leaders he would call a snap election a day after data showed the economy had slipped back into recession.The ...
Sterling edges up vs dollar as British inflation off lows LONDON: Sterling edged up against the dollar on Tuesday after data showed UK inflation picking up slightly in October, providing some relief for investors expecting a lower number after recent comments from the Bank of England.Consumer prices rose by an annual 1.3 percent in October, up from September's five-year low of 1.2 percent and in line with economists' forecasts in a Reuters poll. Core inflation held steady at 1.5 percent.Sterling hit a day's high of ...
Rouble in modest bounce; rand, lira also rise on dollar pullback LONDON: The rouble jumped 0.8 percent on Tuesday and Russian shares rose after the European Union held off imposing new sanctions though broader emerging equities slipped for the fourth day, their mood soured by weak Chinese housing data.The rouble rose to a five-session high to the dollar as European Union governments sounded the alarm on an upsurge in violence in Ukraine but took no action to impose further sanctions on Moscow.Other emerging currencies such as ...
Euro inches higher, eyes on Japan PM, ZEW LONDON: The euro clawed back some ground against the dollar in a choppy start to trade in Europe on Tuesday, with investors looking to the ZEW survey of German investor sentiment and events in Japan and the United States later for new direction. The yen ticked lower on confirmation that Japanese Prime Minister Shinzo Abe will hold a news conference after 1010 GMT, widely expected to announce a snap election and delay a hike in ...
Sterling edges up vs dollar as UK inflation picks up a little LONDON: Sterling edged up to a day's high against the dollar on Tuesday after data showed UK inflation picking up slightly in October, providing some relief to markets that had expected a softer number after dovish recent comments from BoE policymakers. Consumer prices rose by an annual 1.3 percent in October, compared with a five-year low of 1.2 percent in September and in line with economists' forecasts in a Reuters poll, the Office for National ...
Rouble edges lower in early trade MOSCOW: Russia's rouble edged lower in early trade on Tuesday, losing ground against both the dollar and the euro as oil prices hovered near a four-year low. At 0706 GMT, the rouble was 0.14 percent weaker against the dollar at 47.17 and lost 0.14 percent to trade at 58.85 versus the euro. Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln