The government's decision to devalue the currency by over 50 per cent within a year and eliminate subsidies as part of the latest instalment of the International Monetary Fund bailout package has exacerbated the nation's cost-of-living crisis.
The Indian currency Rupee was the least volatile major currencies among its emerging market peers and a few advanced economies in the just-concluded financial year 2023-24, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance.
Amid the economic crisis in Pakistan, the rate for 10-gram gold has climbed to an all-time high of Pakistan currency (PKR) 216,221, while one tola gold (12.5 gram) has now touched PKR 252,200 on Saturday, Dawn reported.
As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by USD 5.401 billion to USD 643.162 billion in the April 12 week
Bengaluru (Karnataka) [India], April 19: Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $18.6 billion in FY24 revenues with a growth of 1.4% in constant currency and operating margin of 20.7%. Free Cash Flow was str
According to the State Bank of Pakistan (SBP), the American dollar appreciated by 11 paise against the local currency to PKR 278.40 from PKR 278.29 a day earlier.
Munich [Germany], April 16: Today, Nagarro, a global digital engineering leader, presented its audited financial numbers for 2023 and its Annual Report for 2023. FY 2023 shows consistent performance and 6.5 per cent revenue growth.
The Pakistani government announced an increase in the price of petrol by Pakistani currency (PKR) 4.53 per litre and that of high-speed diesel (HSD) by PKR 8.14 per litre for the next fortnight ending April 30.