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The dollar gained on Friday as low oil prices added to disinflation fears in the euro zone and Japan, while investors also looked ahead to a heavy week of central bank meetings and the US monthly employment report. Annual consumer inflation in the euro zone cooled to a five-year low as energy prices fell, suggesting deflation remains a real threat for the European Central Bank.

Sterling fell on Friday, a softer consumer sentiment survey adding to negative news on the economy as a speech by Prime Minister David Cameron underlined Britain's increasingly conflicted attitude to Europe. The pound, pushed down along with other major currencies against the greenback by an almost 7 percent slump in oil prices over the past day, fell another third of a percent to $1.5690.
The dollar firmed on Friday, a day after an Opec decision not to cut oil output slammed commodity currencies like the Norwegian crown, which fell to five-year lows against the greenback and the euro. In testament to how negative sentiment is in the euro zone, the euro ticked higher amid relief that data showing inflation had fallen back to a five-year-low of 0.3 percent in November was still not quite as bad as pessimists had feared.
The Indian rupee weakened on Friday, continuing to fall for a fifth straight week, as the broad rally in the dollar globally and expectations of a cut in interest rates next week hurt sentiment for the local currency. Investors are now awaiting the release of September-quarter growth data due at 5:30 pm (1200 GMT) for opening cues next week.
Sri Lankan rupee forwards gained on Friday due to inward remittances and exporter dollar sales and as banks offloaded the greenback due to limited dollar demand from importers. The spot currency and three-day forwards, or spot-next, were not traded after the central bank capped the currency at predetermined levels to prevent volatility.
China's yuan fell on Friday as companies' demand for dollars surged at month-end, with the currency on course for its first monthly decline in seven months. By midday, spot yuan was at 6.1479 per dollar, its lowest level in two months, and 0.14 percent weaker than Thursday's close of 6.1392. The People's Bank of China (PBOC) fixed the yuan's daily midpoint at 6.1345 per dollar, down 0.04 percent from previous fix.
The Australian and New Zealand dollars were heading for a second week of losses on Friday, weighed by a drop in oil prices, while bonds were in demand as a muted outlook for inflation globally pushed yields to 18-month lows. The Australian dollar slipped to $0.8507, from $0.8552 in early trade, pulling closer to a four-year trough of $0.8480 touched Wednesday. It has shed one cent and a half this week, putting it on track to end the month more than 3 percent lower.
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Index Closing Chg%
Arrow DJIA 17,828.24 0.01
Arrow Nasdaq 4,791.63 0.09
Arrow S&P 2,067.56 0.25
Arrow FTSE 6,722.62 0.01
Arrow DAX 9,980.85 0.06
Arrow CAC-40 4,390.18 0.18
Arrow Nikkei 17,459.85 1.23
Arrow H.Seng 23,987.45 0.07
Arrow Sensex 28,693.99 0.90






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln