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Dollar rallies before US jobs data, index set for 12th week of gains LONDON: The dollar rebounded against the yen on Friday, lifted by bargain hunting before US jobs data and leaving the index on track for its 12th week of gains, a feat not seen in four decades. The dollar index moved in sync with US Treasury yields , which edged up in anticipation of a good jobs number.The index which measures the dollar against a basket of major currencies, has risen 7.7 percent last quarter and its continued surge highlighted how bullish investors were about the dollar's prospects.The September non-farm payrolls data is due at 1230 GMT and a robust number could further fuel expectations of an early interest rate hike by the Federal Reserve. According to a Reuters poll of economists, non-farm payrolls are seen coming in at 215,000, a big jump from August.The dollar index was up 0.45 percent at 85.984, not far from a four-year high of 86.218 ...

Russia's rouble sinks after media report says central bank mulls capital controls MOSCOW: Russia's rouble hit an all-time low against a dollar-euro basket on Tuesday, falling below the level at which the central bank intervenes to defend the currency, after a news report said the bank was considering imposing capital controls.The central bank, which last intervened to defend the rouble in May, said it was unable to provide immediate comment on the news report. Bank officials have repeatedly said they oppose the imposition of capital controls.The Finance ...
Sterling ends mixed after dollar surge LONDON: Sterling hit a two-week low against the dollar on Tuesday but firmed to a more than two-year high against the euro, reflecting the latest leg of a broad-based rally for the U.S. currency that dates back almost three months.Dealers said Middle Eastern investors had been seen buying and then selling the pound after a mixed bag of data confirmed the British economy expanded strongly in the second quarter but also showed the UK current ...
Turkish lira shrugs off data showing widening trade deficit ISTANBUL: Turkey's lira held steady on Tuesday despite data showing the trade deficit - the main weakness of its economy - widened more than expected last month.The deficit increases Turkey's vulnerability to shifts in global liquidity. Tuesday's data showed it widened last month to $8.04 billion from $7.08 billion a year earlier, above a Reuters forecast of $6.75 billion."There were a few one-off numbers that made this (deficit) number a bit less reliable than normal ...
Sterling buffeted by data, political worries weigh LONDON: Sterling hit a two-week low against the dollar on Tuesday but firmed to a more than two-year high against the euro, reflecting the latest leg of a broad-based rally for the U.S. currency that dates back almost three months.Dealers said Middle Eastern investors had been seen buying and then selling the pound after a mixed bag of data confirmed the British economy expanded strongly in the second quarter but also showed the UK current ...
Dollar heads for best quarter in 6 years, hits 4-year high LONDON: The dollar surged to a four-year high against a basket of currencies and a two-year high against the euro on Tuesday after euro zone inflation fell in September, putting the greenback on track for its best quarter in six years.The Norwegian crown was another big mover, up almost 1 percent to a three-week high of 8.1045 crowns per euro after its central bank unveiled plans to buy 250 million crowns per day in October.The ...
Dollar heads for best quarter in 6 years LONDON: The dollar was poised to finish the month with its biggest quarterly gain in six years, though it paused for breath on Tuesday and some analysts saw its recent rally running out of steam. The greenback has gained over 7 percent against a basket of major currencies over the past three months and posted a record-breaking 11 weeks of successive gains on expectations that the US Federal Reserve will raise interest rates well ahead ...

 



 
Index Closing Chg%
Arrow DJIA 16,677.90 1.32
Arrow Nasdaq 4,452.79 1.60
Arrow S&P 1,950.82 1.23
Arrow FTSE 6,419.15 0.30
Arrow DAX 9,047.31 1.20
Arrow CAC-40 4,157.68 1.28
Arrow Nikkei 15,138.96 0.37
Arrow H.Seng 23,333.18 0.30
Arrow Sensex 26,851.05 0.24





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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln