New Delhi [India], July 25 (ANI): After touching an all-time low and psychologically crucial level of 80 per US dollar last week, the Indian currency rupee traded largely steady on Monday.
Islamabad [Pakistan], July 25 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 230, local media reported on Monday.
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.
Addis Ababa [Ethiopia], July 23 (ANI/Xinhua): Ethiopian diaspora remittances reached 4.2 billion U.S. dollars during the Ethiopian 2021/2022 fiscal year that ended on July 7, said authorities.
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 23 (ANI): While Pakistan's economy is heading towards disaster, its government is assuring the citizens that Islamabad's economy is stable.
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.
Mogadishu [Somalia], July 21 (ANI/Xinhua): The African Development Bank (AfDB) through its concessional arm, the African Development Fund, has approved a 5.4 million US dollar grant to support the building of urgently needed food security in Somalia.
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.
Karachi [Pakistan], July 21 (ANI): As the dollar touched an all-time high of 224.92 against the Pakistani rupee, the business community gathered at the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to analyse the looming threat of a Sri Lanka-like economic emergency.
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.
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.