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The euro fell sharply against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the stagnating euro zone economy. The move, if realised, would expand the private-sector asset-buying program the ECB began on Monday, adding to the number of new euros the bank can put into circulation without politically controversial purchases of government bonds.

Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped bring down the yen. After a week of wide currency market gyrations, investors appeared unwilling to make fresh bets ahead of Wednesday's US inflation data and Thursday's European manufacturing reports
Sterling stayed steady on Tuesday as traders looked beyond worse-than-expected public borrowing numbers to Bank of England minutes, due during the following session, keeping their focus on when interest rates might rise. Trading volumes were well below the past month's average.
The euro fell more than half a cent against the dollar on Tuesday after Reuters reported the European Central Bank was looking at buying corporate bonds as soon as December in its efforts to revive the euro zone economy. The move, if realised, would widen out the private-sector asset-buying programme the ECB began on Monday, adding to the number of new euros the bank can put into circulation without politically controversial purchases of government bonds.
The Indian rupee rose for a third consecutive session on Tuesday as expectations for more reforms continued after the government announced it would auction coal blocks, but broader gains were capped by a rising dollar globally. The government on Monday announced plans to open up the coal industry to private players, two days after it unveiled fuel reforms on Saturday, pushing domestic shares higher for their third session of gains.
Interbank buy/sell rates for the taka against the dollar on Tuesday. 77.40-77.41 (previous 77.40-77.40). Call Money Rates: 07.00-09.00 percent (* Previous 06.75-09.25 percent). (* revised).
Emerging Asian currencies rose on Tuesday as China's economic growth was stronger than expected in the third quarter, with the Indonesian rupiah hitting its highest in nearly four weeks on hopes a new government will push through economic reform. China's economy, the world's second-largest, expanded 7.3 percent in the third quarter from a year earlier.
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Index Closing Chg%
Arrow DJIA 16,614.81 1.31
Arrow Nasdaq 4,419.48 2.40
Arrow S&P 1,941.28 1.96
Arrow FTSE 6,372.33 1.68
Arrow DAX 8,886.96 1.94
Arrow CAC-40 4,081.24 2.25
Arrow Nikkei 14,804.28 2.03
Arrow H.Seng 23,088.58 0.08
Arrow Sensex 26,575.65 0.55





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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