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Russian rouble extends rally on Friday MOSCOW: The Russian rouble opened up against the dollar and euro on Friday, continuing a week-long rally.At 0708 GMT the rouble was up 0.7 percent against the dollar at 51.48 and 1.1 percent stronger at 54.75 against the euro. Copyright Reuters, 2015 ...

Sterling up 1pc on M&A talk, options market busy as election looms LONDON: Sterling rose on Wednesday on talk that foreign bids for two major British firms would bolster demand for the pound, while activity in the options market showed investors were busy hedging against sharp swings before a May general election.Royal Dutch Shell's deal to buy BG Group for 47 billion pounds and French media conglomerate Vivendi's possible purchase of pay-TV group Sky drew bets that they would need sterling to fund the acquisitions.Sky has a ...
Russian rouble extends gains to new 2015 highs MOSCOW: The Russian rouble extended gains on Wednesday, setting new 2015 highs against the dollar and the euro on the back of this week's rally in international oil prices.At 0740 GMT, the rouble was 1.5 percent stronger against the dollar at 54.22, having earlier hit a 2015 high of 54.17, the strongest since Dec. 26.The rouble also gained 1 percent to 58.94 versus the euro, having fallen below 58 roubles per euro for the first ...
Dollar weakens against yen as BoJ stands pat, FOMC minutes eyed LONDON: The dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan kept monetary policy unchanged despite slowing inflation.Some had begun to expect further easing in view of the fact that the BOJ has missed its ambitious target of achieving 2 percent inflation in two years.Governor Haruhiko Kuroda told a press conference that thanks to easing steps taken last October, Japan has been ...
Dollar falls against yen after BoJ maintains policy LONDON: The dollar fell on Wednesday, retreating from a near three-week high hit against the yen the previous day, after the Bank of Japan kept monetary policy unchanged despite slowing inflation.The greenback was also waning ahead of the release of U.S. Federal Reserve minutes and the start of an earnings season that could show the negative impact of a strong currency, spreading caution about any rate hike in the world's largest economy.Some had expected further ...
Euro falls below 59 roubles per euro MOSCOW: The euro fell below 59 roubles per euro on Wednesday for the first time since November 2014 thanks to general strength of the Russian currency.As of 0723 GMT, the rouble was about 1.3 percent stronger against the dollar at 54.31 and had gained 0.87 percent to 59.02 versus the euro.Copyright Reuters, 2015 ...
German yields fall as Greek eyes debt sale to avert funding crunch LONDON: German Bund yields pushed lower on Wednesday as Greece prepared to sell treasury bills to refinance maturing debt, a day before it has to repay an International Monetary Fund loan.Selling pressure on Greek assets eased on Tuesday after Athens said it would repay the 450 million-euro loan tranche due on Thursday, but the country is fast running out of cash.Finance Minister Yanis Varoufakis has said an agreement on a package of reforms needed to ...


Index Closing Chg%
Arrow DJIA 18,232.02 0.29
Arrow Nasdaq 5,089.36 0.03
Arrow S&P 2,126.06 0.22
Arrow FTSE 7,031.72 0.05
Arrow DAX 11,815.01 0.42
Arrow CAC-40 5,142.89 0.07
Arrow Nikkei 20,264.41 0.30
Arrow H.Seng 27,992.83 1.70
Arrow Sensex 27,957.50 0.53

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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln