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Swiss franc up vs dollar as US data lifts markets ZURICH: The Swiss franc was higher against the dollar as it climbed off a six-month low struck a day earlier after a raft of US data released on Thursday pointed to a steady recovery in the world's largest economy.The latest data buoyed risk appetite and lifted the Dow Jones industrials Average to a record close while dampening demand for the safe-haven dollar. Asian equities markets also rebounded after three days of losses.The franc rose 0.1 percent against the dollar compared to the New York close, trading at 0.9455 francs per dollar at 0821 GMT.The franc held steady against the euro at 1.2315.The Swiss National Bank has vowed to maintain a 1.20 limit set on the franc in Sept. 2011 after investors seeking a safe-haven from the spiralling euro zone crisis bid the currency up to record levels, threatening to tip the economy into recession.On Thursday the SNB underlined its determination ...

Dollar drops vs euro, yen on profit taking after rally NEW YORK: The dollar dropped from a seven-month high against a basket of currencies on Thursday as investors opted to book profits on concerns it may have rallied too quickly recently due to optimism about the US economy.While the dollar fell from a three-month peak against the euro and retreated from a 3-1/2-year high versus the yen hit earlier in the week, analysts say the outlook for the US currency remains bright on expectations the ...
Turkish bond yields edge up, lira flat ISTANBUL: Turkish bond yields inched up on Thursday partly due to local banks selling to boost their balance sheets before the earnings season. The lira traded flat.The yield on the two-year benchmark bond closed at 5.87 percent, from Wednesday's close at 5.83 percent.Analysts said local banks were selling some bonds to provide funds for loans before finalising their income statements at the end of the quarter on March 31.The rise in US treasury yields also ...
Contrasting data boosts dollar and weighs on euro LONDON: The dollar rose to a seven-month high against a basket of currencies and a three-month peak versus the euro on Thursday as positive US data contrasted with economic and political concerns in the euro zone.The dollar also rose to a six-month peaks against the Swiss franc and the Norwegian crown after central bank policy decisions and accompanying comments in Switzerland and Norway pushed those currencies lower.Strong US retail sales data on Wednesday, which followed ...
Swiss franc falls to 6-month low versus dollar LONDON: The Swiss franc fell to a six-month low against the dollar on Thursday after the Swiss National Bank warned about downside risks to the economy and said was ready to take more easing steps if necessary.The dollar rose 0.2 percent on the day to hit 0.95535 francs, its highest since early September.The franc briefly rose earlier after the SNB kept its 2013 growth forecasts unchanged but quickly turned lower on further comments that stoked ...
Canada dollar softer vs greenback on good US data TORONTO: The Canadian dollar was weaker against the US dollar on Wednesday, as better-than-expected US retail sales bolstered the greenback, while a dearth of domestic data limited moves for Canada's currency.Retail sales out of Canada's largest trading partner rose more than expected in February as Americans bought motor vehicles and a range of other goods, even as they paid more for gasoline, suggesting consumer spending this quarter will hold up, despite higher taxes.The data is ...
Turkish bond yields inch up, lira hits 5-month weakest to dollar ISTANBUL: Turkish bond yields inched up on Wednesday as the lira hit a 5-month low against a globally stronger dollar, a pointer that the central bank may keep its rates on hold at its March policy meeting to avoid further easing in the lira.By 1536 GMT, the lira was at 1.8125 to the dollar , after earlier hitting 1.8156, from 1.8025 late on Tuesday. Against its euro-dollar basket it eased to 2.0795, from 2.0770.The yield ...

 



 
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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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