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Russian rouble hits lowest since March after Ukraine says Russia has invaded MOSCOW: The Russian rouble fell to its lowest level against the dollar since March after Ukraine's President Petro Poroshenko said on Thursday that Russian forces had invaded Ukraine.At 1020 GMT the rouble was at 36.66 against the dollar , down 1.35 percent on the day, its weakest level since March 18. Copyright Reuters, 2014 ...

Swiss franc hits 21-month high vs euro, triggers SNB intervention talk LONDON: The Swiss franc rose to its highest in nearly 21 months against the euro on Thursday, triggering speculation that the Swiss National Bank may intervene soon to keep a lid on the currency and ward off the threat of deflation in Switzerland.The franc has been rising steadily this month, partly due to safe-haven flows given the conflict between Russia and Ukraine.Momentum has picked up in recent days as more investors sold the single currency ...
Euro drops back towards 2-week lows vs sterling on Ukraine news LONDON: Sterling resumed its gains against the euro on Thursday, with the single currency coming under renewed downward pressure due to concerns about the Russian-Ukraine conflict, which is likely to be a drag on the euro zone economy."The Ukraine headlines dragged the euro lower," a spot trader based in London said. "There have been expectations of routine month-end demand for the euro, but in any case, a bounce in the euro is being used as ...
Safe-haven yen and Swiss franc gain on Ukraine worries LONDON: The yen and Swiss franc gained on Thursday, while the euro fell, as concerns about a serious escalation in tensions between Ukraine and Russia rattled investors and drove them to seek safe-haven currencies.The euro hit a 21-month low against the Swiss franc of 1.2052 francs per euro on trading platform EBS after the news. Against the yen, the single currency fell to a two-week low of 136.41 yen per euro."If the situation deteriorates  ...
Euro gets reprieve as QE speculation cools a touch LONDON: The euro rose further off a one-year low against the dollar on Thursday as feverish speculation of an imminent round of quantitative easing by the European Central Bank cooled. Sources told Reuters on Wednesday that the ECB was unlikely to take new policy action at its meeting next week unless inflation figures on Friday show the euro zone sinking significantly towards deflation. That prompted speculators to trim huge bearish positions in the euro. The ...
Rouble weakness hurts Rewe in Russia ALPBACH: Weakness in the rouble may wipe out any gains by German retailer Rewe in Russia, which remains its fastest-growing market in local-currency terms despite sanctions on food imports, the head of the group's international operations was quoted saying.Frank Hensel told Austrian newspaper Wirtschaftsblatt that the decline of the rouble, which has suffered a sharp sell-off linked to Russia's perceived role in the Ukraine crisis, would offset the growth the company was achieving there."We have ...
Euro falls widely on ECB easing speculation LONDON: The euro fell broadly on Wednesday, hitting a 19-month low against the Swiss franc, as speculation that the European Central Bank will resort to quantitative easing was fuelled by yet more bad news from the euro zone.The common currency also hit a 13-month low against the dollar of $1.3151 earlier on Wednesday, though it recovered a little in European trade to $1.3179.The euro has been hit in recent weeks by a slew of weak ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln