Search For "currency"
Pakistan in dire need of USD 36 billion to avert economic collapse
Updated : 3 years, 9 months ago IST
Karachi [Pakistan}, May 29 (ANI): Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in foreign financing in the next fiscal year.
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RBI to adopt graded approach to introduction of digital currency
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India (RBI) proposes to adopt a graded approach for the introduction of digital currency in the country, according to the RBI's annual report for FY 2021-22.
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After 10 straight weekly fall, India's forex reserves rise by USD 4.23 bil
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Snapping 10 consecutive weeks of decline, India's foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed.
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RBI to adopt graded approach to introduce digital currency
Updated : 3 years, 9 months ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
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Chinese yuan weakens to 6.7387 against USD Friday
Updated : 3 years, 9 months ago IST
Beijing [China], May 27 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 621 pips to 6.7387 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System.
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Hospitals in Lebanon face shutdown risks amid foreign currency shortage: R
Updated : 3 years, 9 months ago IST
Beirut [Lebanon], May 26 (ANI/Xinhua): Lebanon's syndicate of private hospitals warned on Thursday that many Lebanese hospitals are facing the risk of shutting down because of a shortage of foreign currency to buy equipment and medicines, the Elnashra news website reported.
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Chinese yuan weakens to 6.6766 against USD
Updated : 3 years, 9 months ago IST
Beijing [China], May 26 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 216 pips to 6.6766 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
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Chennai Air Customs seizes 2.9 kg gold, assorted foreign currency
Updated : 3 years, 9 months ago IST
Chennai (Tamil Nadu) [India], May 23 (ANI): Chennai Air Customs has seized 2.9 kilograms of gold worth over Rs 1.34 crore and assorted foreign currency worth Rs 10.70 Lakhs in different incidents.
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China's economy hit hard by return of COVID-19
Updated : 3 years, 9 months ago IST
Beijing [China], May 23 (ANI): China, which once boasted of a robust defence against COVID-19 pandemic, is now hit hard by the return of the virus.
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Watch out for these Cryptos this year: Logarithmic Finance (LOG), Flow (FL
Updated : 3 years, 10 months ago IST
New Delhi [India] May 21 (ANI/ATK): Ever since cryptocurrency hit the internet back in 2009, it's been so persuasive to many investors who have no choice but to invest heavily in it. Cryptocurrency serves a truly decentralised role in the world of digital currency. There are more than 80 cry
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India's forex reserves slump by $2.67 billion; 10th weekly fall
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
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Pakistan bans import of non-essential luxury items to 'stabilize economy'
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 20 (ANI): Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the record fall of country's currency against the US dollar, on account of the rising import bill, and depleting foreign exchange reserves.
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