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Rouble hits new lows as US threatens new sanctions MOSCOW: The rouble hit further record lows on Monday and Russian shares fell, hurt by investor concern about possible new U.S. sanctions over the Ukraine crisis.The central bank was probably intervening on Monday, traders said, in what has become nearly a daily action since the start of the month.The Russian currency weakened beyond 59 roubles per dollar for the first time. At 1203 GMT it was around 2.3 percent weaker at 59.53 against the dollar and 2.4 percent weaker at 74.04 versus the euro.A modest recovery in oil prices, whose sharp fall has together with sanctions been the main cause of the rouble's over 45 percent slide against the dollar this year, prevented further losses.After Russian markets closed last week, the U.S. Congress passed a bill setting out tougher sanctions on Moscow and authorising the supply of military aid to Ukraine.U.S. President Barack Obama has yet to sign the bill ...

Yen gains in choppy trading, euro on defensive LONDON: The yen inched higher on Monday as financial markets shrugged off Japanese Prime Minister Shinzo Abe's election win, while the prospect of falling European inflation kept the euro on the defensive.Japan's Nikkei stock average fell 1.6 percent. Many investors, particularly foreigners, sell the yen to hedge equities positions, so the Japanese currency tends to feel upward pressure whenever stocks slip.But a victory for Abe's coalition in Sunday's general election was a boost for his ...
Turkish lira weakens after Erdogan's remarks on media raids ISTANBUL: The Turkish lira on Monday fell to an 11-month low against the dollar, trading at 2.34 from 2.326, after President Tayyip Erdogan lashed out at European Union criticism over the detentions of opposition journalists and signalled more raids could follow.Police on Sunday detained 24 people, including senior journalists who are affiliated with U.S.-based preacher Fethullah Gulen, Erdogan's ally-turned-chief rival, prompting the EU and the United States to raise questions about Turkey's press freedom record.The ...
Ruble hits new low despite interventions MOSCOW: The Russian ruble on Monday fell to new lows despite repeated interventions by the central bank to keep the national currency afloat.The ruble crumbled to 58.81 to the dollar and 73.23 to the euro after the Moscow Exchange opened Monday morning.The slump came even though the Central Bank spent nearly $6 billion so far this month on market interventions to slow the ruble's slide.The bank made interventions every day last week, and on Thursday ...
Rouble weakens on new US sanctions concerns MOSCOW: The rouble weakened on Monday, trading near the record lows against the dollar that it hit in the previous session, with investors concerned about possible new U.S. sanctions against Russia over Ukraine.At 0745 GMT, the rouble was 0.3 percent weaker at 58.33 against the dollar and 0.5 percent weaker at 72.66 versus the euro.After Russian markets closed last week, the U.S. Congress passed a bill setting out tougher sanctions on Moscow and authorising the ...
Yen rises in choppy trading, euro on defensive LONDON: The yen rose on Monday as financial markets shrugged off Japanese Prime Minister Shinzo Abe's widely expected election win, while a new low for euro zone inflation expectations kept the bloc's currency on the defensive.Japan's Nikkei stock average fell 1.6 percent. Many market participants, particularly foreign investors, sell the yen to hedge their equities positions, so the Japanese currency tends to feel upward pressure whenever stocks slip.A big victory for Abe's coalition in Sunday's ...
Turkish lira hits 11-month low as media raid jars nerves ISTANBUL: The Turkish lira fell to its weakest since Jan. 29 on Monday, underperforming emerging market peers after a weekend raid by police on media outlets close to an opponent of President Tayyip Erdogan.The lira was at 2.3120 to the dollar by 0916 GMT, easing from 2.3015 late on Friday, as fears of political tension inflamed underlying concerns about Turkey's large current account deficit. The 10-year benchmark bond yield inched up to 8.7 percent from ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln