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Rouble hits new historic low vs dollar in early trade MOSCOW: The rouble hit a new all-time low against the dollar on Monday, hurt by a stronger U.S. currency and weakening oil prices, but Russian shares opened mixed as signs of progress in a gas-pricing dispute between Russia and Ukraine offered some support.At 0620 GMT, the rouble was 0.47 percent weaker against the dollar at 39.36 and lost 0.57 percent to trade at 49.90 versus the euro.That left the currency 0.52 percent weaker at 44.10 against the dollar-euro basket the central bank uses to gauge the rouble's nominal exchange rate.The basket also hit an all-time low in early trade. Once the basket reaches 44.40, the central bank carries out unlimited interventions to defend the currency.Russia's rouble-based MICEX index traded 0.4 percent higher at 1,440 points, while the dollar-denominated RTS was 0.2 percent lower at 1,153 points.On Friday, European Union and Russian officials suggested Ukraine and Russia were moving closer to ...

Sterling set for weekly gains vs euro as BoE/ECB rate paths diverge LONDON: Sterling was on track for its second straight week of gains against the euro on Friday, trading not far from 26-month highs, buoyed by expectations that monetary policy in Britain and the euro zone were headed in opposite directions. Divergence, the yield gap between the two-year British government bonds and German bunds was near peaks last seen in September 2008, bolstering the pound's allure. Support for sterling got a boost on Thursday when Bank ...
Russia's rouble currency hits new all-time low vs dollar MOSCOW: Russia's rouble currency hit a new all-time low against the US dollar on Friday, touching a low of 38.97 against a backdrop of a stronger dollar. The rouble has reached several historic lows in the past few months, weighed down by the Ukraine crisis. At 0824 GMT, the rouble had recovered slightly to trade at 38.92. Copyright Reuters, 2014 ...
France to sell 7-8bn euros of long-term bonds Oct. 2 PARIS: France will sell 7-8 bln euros of bonds at a long-term, fixed-rate bond auction on Thursday, the Agence France Tresor public debt management agency said on Friday. The bonds to be offered are the 1.75 percent OAT maturing May 23, the 1.75 percent November 2024 bond and the 2.75 percent October 2027 bond, AFT said.Copyright Reuters, 2014 ...
Turkish central bank takes action as lira hits 8 month lows ISTANBUL: The Turkish lira dropped to its weakest level against the dollar in almost eight months on Friday, prompting the central bank to increase its daily forex-selling auctions and tighten lira liquidity. The lira traded at 2.2570 versus the greenback by 0946 GMT, firming from 2.2640 earlier after the bank said it was increasing its auction amount to a minimum $40 million from Monday, compared with $10 million previously. The rise in the dollar this ...
Russia's rouble hits new record low, Sistema shares continue slide MOSCOW: The Russian rouble hit a new record low against the dollar on Friday, hurt in part by companies' foreign debt repayments, while shares in conglomerate Sistema plunged after another twist in a criminal investigation into its chairman. The Russian currency has touched several historic lows in the past few months as investors in Russian assets have taken fright over the Ukraine crisis and as prices of oil, a major Russian export, have fallen below ...
Dollar holds near four-year highs, Europe stocks recover LONDON: The dollar held just below a four-year high against a basket of currencies on Friday, fuelled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates. European equities shrugged off a sharp sell-off in Asian and US markets overnight, clawing off one-month lows and led by euro zone banks, seen as the big winners of the European Central Bank's measures to prop up inflation ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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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 20, 2014
Reserves $13.436 bln