Beijing [China], July 25 (ANI): The Chinese currency renminbi, or the yuan, weakened 21 pips to 6.7543 against the US dollar on Monday, according to the China Foreign Exchange Trade System.
Islamabad [Pakistan], July 24 (ANI): Pakistan may have nuclear capabilities however the country is fighting with its fast exhausting foreign currency reserves and widening fiscal and current account deficits, along with a rupee that has lost almost 20 per cent of its value in just 7 month
Mumbai (Maharashtra) [India], July 23 (ANI): India's foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended July 15, the lowest level in 20 months, as the Reserve Bank of India (RBI) likely used its war chest to defend the rupee, which recently dip
Islamabad [Pakistan], July 22 (ANI): The Pakistani rupee on Friday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 228 against the dollar in the interbank market.
New Delhi [India], July 21 (ANI): Kolkata Airport Customs seized foreign currency worth Rs 33.61 lakh at the airport from three different passengers who arrived at Kolkata airport from Bangkok on the same flight.
Beijing [China], July 21 (ANI): The global political turmoil has affected emerging economies all across the world, but it is extremely unlikely that the hegemony of the US dollar will be challenged anytime soon as the Chinese yuan has failed to supersede the US currency.
New Delhi [India], July 21 (ANI): The Indian rupee this week slipped below the psychologically important level of 80 against the US dollar for the first time even as high crude oil prices amid tighter global supplies boosted demands for the American currency.
New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
Islamabad [Pakistan], July 20 (ANI): Imran Khan-led Pakistan Tehreek-i-Insaf (PTI) on Wednesday criticised the Shehbaz Sharif government for the free fall of the Pakistani Rupee against the US dollar and the worsening economic crisis in the country.
Islamabad [Pakistan], July 19 (ANI): Days after Pakistan Prime Minister Shehbaz Sharif approved of importing coal from Afghanistan, Kabul raised coal prices tonne for Pakistan, two days ahead of a visit by a delegation from Islamabad.
Islamabad [Pakistan], July 19 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 221 against the US dollar in the interbank market.