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The dollar surged to a four-year high against a basket of currencies and a two-year high against the euro on Tuesday after euro zone inflation fell in September, putting the greenback on track for its biggest quarterly gain in six years. The Norwegian crown was another big mover, up 0.9 percent to a three-week high of 8.1084 crowns per euro after its central bank unveiled plans to buy 250 million crowns per day in October.

The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong and concerns it might hurt the region's economy and status as a global financial hub. The Communist government, which resumed its rule over the former British colony in 1997, made clear it would not tolerate dissent, and warned against any foreign interference.
The dollar took a breather on Tuesday from its recent rally but was still not far from four-year peak against a basket of major currencies, and could be on track to post its biggest monthly gain in over a year. The dollar index last stood at 85.544, not far from an overnight peak of 85.798 - a high not seen since July 2010. Its monthly gain of more than 3 percent could put it on track for the largest since February 2013.
Sterling hit a two-week low against the dollar on Tuesday but firmed to a more than two-year high against the euro, reflecting the latest leg of a broad-based rally for the US currency that dates back almost three months. Dealers said Middle Eastern investors had been seen buying and then selling the pound after a mixed bag of data confirmed the British economy expanded strongly in the second quarter but also showed the UK current account deficit widened further.
The dollar surged to a four-year high against a basket of currencies and a two-year high against the euro on Tuesday after euro zone inflation fell in September, putting the greenback on track for its best quarter in six years. The Norwegian crown was another big mover, up almost 1 percent to a three-week high of 8.1045 crowns per euro after its central bank unveiled plans to buy 250 million crowns per day in October.
The one minute window for setting a widely used currency market benchmark should be extended to 5 minutes to make it harder to manipulate prices, the Group of Twenty's (G20) regulatory task force said on Tuesday. Several banks are being investigated by authorities in Britain, the United States and elsewhere for allegedly manipulating the $5 trillion a day currency market, prompting regulators to map out reforms of market operations.
The Indian rupee fell on Monday, posting its worst month since the record low levels of August 2013, as the dollar continued to strengthen against emerging market currencies over growing bets for an early hike in US interest rates. The rupee fell around 2.1 percent in September, the most since a fall of 8.8 percent in August last year, when the currency was in the midst of the worst market turmoil since the balance of payment crisis of 1991.
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Index Closing Chg%
Arrow DJIA 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13





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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
WeeklySeptember 25, 2014
Reserves $13.305 bln