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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 dollar rose to 117.065 yen, up 0.3 percent on the day. The euro too hit is highest since 2008 against the yen, rising to 146.69 yen with the single currency also helped by a better-than-expected German ZEW survey.. Copyright Reuters, 2014 ...

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 ...
Sterling struggles as investors push rate hike bets back further LONDON: Sterling hit a two-month low against a basket of currencies on Monday as investors pushed back even further their expectations of when interest rates will rise amid concern about persistently low inflation.Britain's biggest bank, HSBC, said on Monday that it had shunted back its prediction of when rates would increase by a whole year -- from the first quarter of 2015 to early 2016 -- in one of the biggest forecast changes in recent ...

 



 
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