Search For "currency"
Currency depreciation major concern in Sri Lanka: MD of Lanka IOC
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 9 (ANI): Managing Director of Lanka Indian Oil Corporation, Manoj Gupta, says that Sri Lanka is undergoing the worst currency depreciation as the price of the US Dollar in Sri Lanka rose by over 50 per cent from Sri Lankan Rupees 203 to Rs 320, resulting in some
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Sri Lanka faces worst currency depreciation, negative social media adverse
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 9 (ANI): Negative social media has adversely impacted the tourism sector of Sri Lanka, which is battling its worst economic crisis, according to the Managing Director of Lanka IOC, a subsidiary of the Indian Oil Corporation.
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Sri Lankans selling gold amid economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 9, (ANI): Owing to the severe ongoing economic crisis in Sri Lanka, people are forced to sell their gold ornaments, and jewelry to buy daily use items and to pay their rents.
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India's forex reserves slump by $11.17 billion; steepest fall ever
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): India's foreign exchange (forex) reserves dipped by $11.17 billion in the week ended April 1, the steepest weekly fall ever, due to a sharp plunge in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Amitabh Chaturvedi-led Purple Finance Ltd announces merger with BSE listed
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 6 (ANI/Purple Finance): The Board of Purple Finance met on April 05 and approved the merger of Purple Finance Ltd. with Canopy Finance Ltd subject to regulatory approvals. The Equity shares of Canopy Finance Ltd are listed on BSE Ltd. & Calcutta Stock
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Russia pays rubles to holders of Eurobonds for first time
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 6 (ANI/Sputnik): The Russian Finance Ministry said on Wednesday that it had paid rubles to foreign holders of Eurobonds for the first time as a foreign bank did not process order to pay $649.2 million in a foreign currency.
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Chinese yuan weakens to 6.3799 against USD
Updated : 3 years, 11 months ago IST
Beijing [China], April 6 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 290 pips to 6.3799 against the US dollar on Wednesday, according to China Foreign Exchange Trade System.
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Russia to sell more goods abroad for rubles: Kremlin
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 3 (ANI/Sputnik): Russia will demand that other exported commodities are paid for in its national currency after President Vladimir Putin said the West must buy its natural gas with rubles, his spokesman said on Sunday.
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Western sanctions erode trust in dollar, euro: Kremlin
Updated : 3 years, 11 months ago IST
Moscow [Russia], April 3 (ANI/Sputnik): The Western sanctions policy is accelerating the process of erosion of the world reserve currency, with an increasing number of countries considering options for mutual settlements in national currencies, Kremlin spokesman Dmitry Peskov said on Sunday.
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India's forex reserves dip 3rd straight week; fall by $2.03 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to pr
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Sri Lanka to experience 10-hour daily power cuts
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 30 (ANI): Amid the financial crisis, Sri Lanka will be experiencing 10-hour daily power cuts from Wednesday, announced Public Utilities Commission of the island nation.
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Sri Lanka warns money exchanges from selling foreign currencies at higher
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 29 (ANI): Sri Lanka's central bank has warned the money changers who sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked if they go beyond the exchange rates stipulated to them by licensed banks, local media reported T
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