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Sterling pares losses vs dollar after weak US jobs data LONDON: Sterling recovered some ground against the dollar while falling against the euro on Friday after data showed US jobs growth slowed more than expected in July. Sterling rose to $1.6839 after the data from a day's low of $1.6812 beforehand, but was still a quarter of a percent down on the day, following a weak survey of UK manufacturing sector purchasing managers.The euro strengthened to a 2-1/2-week high of 79.70 pence , up almost half a percent on the day. Copyright Reuters, 2014 ...

Lowest euro zone inflation in 5 years leaves euro weak LONDON: The euro hovered near a nine-month trough against the dollar on Thursday after data showed euro zone inflation falling to its lowest since the height of the financial crisis five years ago.Consumer prices in the 18 countries sharing the single currency crept up 0.4 percent on the year in July, down from 0.5 percent in June - uncomfortably close to deflationary territory and far below the European Central Bank's 2 percent target.In stark contrast, ...
Dollar pauses for breath after strongest week since March LONDON: The US dollar hovered near six-month highs against a basket of major currencies on Monday, with data and policy releases this week set to determine whether its strongest week since March last week prefaces a broader move higher.The euro had stabilised a touch in an Asian session weakened by a holiday in Singapore. But it was still trading just above its weakest in eight months. Another half cent fall would take it to its ...
Sterling near 2-year high vs euro, eyes on Fed LONDON: Sterling was hovering near a two-year high against the euro on Monday after two weeks when increasingly divergent interest rate expectations had made it one of the main buys against a weakening single currency.The strength of Britain's economic recovery over the past months has bolstered expectations that the Bank of England will be the first major central bank to raise interest rates since the financial crisis.But gains over the past week have been assisted ...
Sterling firmer vs euro as GDP data highlights diverging fortunes LONDON: Sterling rose against the euro on Friday after data showed Britain's economy is finally bigger than its pre-crisis size, highlighting the increasingly divergent economic and policy outlooks for the UK and the fragile euro zone.Gross domestic product (GDP) expanded by 0.8 percent in the April-June period, the same strong pace as in the first three months of the year and in line with forecasts in a Reuters poll of economists. The data came a ...
Sterling edges up vs euro as GDP data highlights divergent outlooks LONDON: Sterling edged up against the euro on Friday after data showed Britain's economy is finally bigger than its pre-crisis size, highlighting the increasingly divergent economic and policy outlooks for the UK and the fragile euro zone. Gross domestic product (GDP) expanded by 0.8 percent in the April-June period, the same strong pace as in the first three months of the year and in line with forecasts in a Reuters poll of economists.The data came ...
Euro battling losses after poor German data LONDON: The euro struggled to hold above eight-month lows against the dollar on Friday, hurt by a dive in Germany's Ifo survey of business sentiment as the US currency headed for its strongest week since March. The Ifo numbers, the most watched forward-looking indicator of growth in the euro zone's largest member economy, fell for the third month running, with both of its main indexes declining much more than forecast.The euro fell to as low ...

 



 
Index Closing Chg%
Arrow DJIA 17,440.59 0.73
Arrow Nasdaq 5,039.78 0.96
Arrow S&P 2,067.64 0.58
Arrow FTSE 6,505.13 1.13
Arrow DAX 11,056.40 2.56
Arrow CAC-40 4,927.60 2.57
Arrow Nikkei 20,350.10 0.95
Arrow H.Seng 24,351.96 3.09
Arrow Sensex 27,561.38 1.96





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln