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Dollar in vogue on CPI boost and Yellen's comments, euro weakens LONDON: The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying US inflation bolstered the Federal Reserve's case for an interest rate hike later this year. Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment towards the dollar, traders said. Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar index, which measures the greenback against other major currencies, was up 0.3 percent at 96.475, a one-month high. The euro fell to a one-month low of $1.0959 in European trade, with some traders citing the victory by anti-austerity parties in Spain as a factor.Worries that Greece cannot service debt repayments next month amid a cash crunch also weighed. The single currency was last trading at $1.0974, down 0.4 percent on the day. Against ...

Dollar in vogue on CPI boost and Yellen's comments, euro weakens LONDON: The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year.Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment towards the dollar, traders said.Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar ...
Dollar back in vogue on CPI boost, Yellen's comments LONDON: The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year.Fed Chair Janet Yellen's comments that the central bank was poised to raise rates in 2015 also shored up sentiment towards the dollar, traders said.Amid low volumes, with most of Europe as well as the United States shut for a holiday, the dollar ...
Sterling surges after UK retail sales boost LONDON: Sterling powered to a two-month high against the euro and erased much of this week's loss against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April.The pound had taken a knock from a fall in inflation below zero for the first time since 1960 in April and the sales figures eased concerns that a slowdown in growth in the first quarter might be the start of ...
Euro boosted by data, rise in Bund yields LONDON: The euro rose against the dollar on Thursday for the first time this week, helped by nascent signs of a recovery in euro zone activity and a rise in German Bund yields which narrowed the spread over U.S. Treasuries.Data on Thursday showed the composite flash PMI for the euro zone fell to 53.4 from 53.9, missing the 53.8 forecast in a Reuters poll. Despite the drop, data compiler Markit said, the euro zone is ...
Sterling surges after stronger-than-expected UK retail sales LONDON: Sterling hit a two-month high versus the euro and jumped against the dollar on Thursday after data showed British retail sales rose more strongly than expected in April, recovering from a fall the previous month.The pound had taken a knock earlier in the week on news that UK inflation had fallen below zero for the first time since 1960 in April. But the sales figures eased concerns that a slowdown in Britain's economy in ...
Euro lifted by French PMI survey, but weaker German data caps gains LONDON: The euro rose against the dollar for the first time in four days on Thursday, helped by signs of a recovery in French business activity, although a slowdown in Germany's private sector kept gains limited.Markit's flash composite Purchasing Managers' Index (PMI) for Germany, which tracks manufacturing and services activity accounting for more than two-thirds of the economy, dropped from April's final reading.For France, data compiler Markit said its preliminary composite purchasing managers index, moved ...

 



 
Index Closing Chg%
Arrow DJIA 17,619.51 0.13
Arrow Nasdaq 4,986.87 0.57
Arrow S&P 2,063.11 0.27
Arrow FTSE 6,520.98 1.50
Arrow DAX 10,944.97 1.25
Arrow CAC-40 4,790.20 1.63
Arrow Nikkei 20,235.73 0.63
Arrow H.Seng 26,250.03 1.09
Arrow Sensex 27,780.83 0.49





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJune 25, 2015
Reserves $17.457 bln