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BerichtGeplaatst: 28-08-2018 04:35:37    Onderwerp: 4.9 percent during Reageren met citaat
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NEW YORK, Aug. 10 (Xinhua) -- The U.S. dollar traded loweragainst most major currencies on Thursday as traditional safe-havencurrencies continued to rose amid political tension.


Analysts said risk aversion is still a big concern for marketsas tension between the United States and the Democratic People'sRepublic of Korea (DPRK) continues.


On Tuesday, U.S. President Donald Trump issued a warning to theDPRK that appeared to threaten a nuclear war with the Asiancountry. In response, the DPRK warned of preemptive strikes againstthe U.S. military base of Guam in the Pacific.


The dollar index, which measures the greenback against six majorpeers, was down 0.06 percent at 93.491 in late trading.


In late New York trading, the euro rose to 1.1756 U.S. dollarsfrom 1.1753 U.S. dollars, and the British pound fell to 1.2975 U.S.dollars from 1.3002 U.S. dollars. The Australian dollar increasedto 0.7888 U.S. dollar from 0.7882 U.S. dollar.


The U.S. dollar bought 109.32 Japanese yen, lower than 109.90yen of the previous session. The U.S. dollar declined to 0.9637Swiss franc from 0.9638 Swiss franc, and it edged up to 1.2719Canadian dollars from 1.2702 Canadian dollars. Enditem


CAIRO, Aug. 8 (Xinhua) -- Egypt's economic growth rate duringthe fiscal year 201617 exceeded the government's expectations,reaching 4.1 percent while the total budget deficit hit 10.9percent of the Gross Domestic Product (GDP) compared to 12.5percent in the previous fiscal year.


During a meeting with Egyptian President Abdel-Fattah al-Sisi,Planning Minister Hala al-Said said that indicators showed that theeconomic growth rate reached 4.9 percent during the last quarter ofthe fiscal year 201617, which ended in late June, bringing theannual economic growth rate to 4.1 percent.


The minister added that the GDP growth rate increased for thefirst time since 2007, in addition to an increase in commodityexports by 10 percent and a decrease of imports by 14 percent.


Trade deficit dropped by 26 percent, and the unemployment ratesdeclined during the third quarter of the fiscal year from 12.7 to12 percent, reflecting an increase in employment opportunities as aresult of national projects being implemented across the country,al-Said said.


Meanwhile, Sisi asserted, during another meeting with PrimeMinister Sherif Ismail and Finance Minister Amr al-Garhy, thenecessity of maintaining efforts to cut t. Soccer Jerseys Cheap Authentic NHL Jerseys China Cheap Cubs Jerseys Cheap Cleveland Indians Jerseys Cheap St. Louis Cardinals Jerseys Wholesale Giants Jerseys Wholesale Yankees Jerseys Wholesale Minnesota Twins Jerseys Wholesale Texas Rangers Jerseys Wholesale Tampa Bay Rays Jerseys
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