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Russia sold record $11.3bn to support ruble on Monday MOSCOW: Russia sold a record $11.3 billion in foreign currency to support the ruble on March 3, the so called "Black Monday" when the ruble came under unprecedented pressure due to concerns about conflict in Ukraine, central bank data showed Wednesday.The Russian central bank sold foreign currency to buy rubles and prevent the Russian currency from falling further, after the market reacted with panic to parliamentary approval for President Vladimir Putin's request to allow military action in Ukraine.Copyright AFP (Agence France-Presse), 2014 ...

Ukraine currency rebounds from record low LONDON: Ukraine's hryvnia currency rebounded on Friday from record dollar lows after Kiev reached out to the IMF for emergency aid amid simmering international tensions.The Ukrainian crisis weighed on many European stock markets, which were balancing its impact against data generally showing encouraging signs of economic growth.London's benchmark FTSE 100 stocks hovered 0.01 percent lower at 6,809.53 points mid-session.Frankfurt's DAX 30 gained 1.13 percent to 9,613.29 points and the Paris CAC 40 dipped 0.21 percent ...
Rouble slides further, hryvnia gains on IMF loan hopes LONDON: Russia's rouble stayed near five-year lows to the dollar on Friday, hit by fears about instability in neighbouring Crimea, but Ukraine's hryvnia rebounded, trading 5-10 percent firmer on hopes of an IMF loan. The rouble and other emerging currencies were also pressured by jitters over the recent volatility in the Chinese yuan which posted its biggest daily fall since China created its foreign exchange market in 1994. In Ukraine, armed men have taken control ...
Yen gains on emerging nerves, Swedish crown jumps after GDP LONDON: A surprise blip higher in inflation drove the euro to its highest against the dollar this year on Friday, knocking back speculation of some sort of move to ease policy by the European Central Bank next week. In a market that had been leaning towards a softer number that would at least leave the door open to action to lower euro zone interest rates and hence returns on the euro, even the minimal surprise ...
Rouble hits 5 year trough vs dollar; hryvnia at all-time low LONDON: The Russian rouble sank to five-year lows versus the dollar on Thursday and held near record lows against the euro, hit by concern over Russia's defiant response to the political turmoil in neighbouring Ukraine. Ukraine's hryvnia hit an all-time low against the dollar, while some sovereign bonds slipped as armed men in the Crimea peninsula seized the regional government headquarters and parliament and raised Russian flags. The prospect of armed conflict spooked investors after ...
Hungary leads currency, bond fall on rate cut BUDAPEST: Hungary led a fall of Central European currencies and bonds on Wednesday, after its central bank cut rates, triggering concern over demand at an upcoming government bond auction on Thursday, and as violence worsened in neighbouring Ukraine.The forint weakened more than 1 percent against the euro, dipping at one point to a 2-year low of 314.40. Hungarian government bond yields rose by 15-20 basis points, which dealers blamed largely on the central bank's insistence ...
Russian rouble hits boundary of announced central bank corridor MOSCOW: The Russian rouble has weakened to the level of 41.80 against a dollar-euro dollar-euro basket , the boundary of the corridor announced by the central bank. Earlier on Wednesday, the central bank said the corridor ranged from 34.80 to 41.80 from Feb. 18. The actual range of the corridor may differ because the central bank announces shifts a day after they occur. When the rouble falls to the edge of the corridor the bank ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln