Search For "economy"
Pakistani rupee plunges to all-time low against US dollar
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], May 11 (ANI): The Pakistani rupee slumped to an all-time low against the US dollar on Tuesday in the interbank market.
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China's currency hits 18-month low against USD
Updated : 4 years, 1 month ago IST
Beijing [China], May 10 (ANI): China's Yuan hit the lowest mark against the US dollar in the last 18 months on Tuesday, falling to 6.7134 against the USD, the lowest figure since October 30, 2020.
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CoinDCX launches venture arm to fund crypto, blockchain startups
Updated : 4 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 10 (ANI): India's largest crypto company CoinDCX on Tuesday launched a new entity CoinDCX Ventures to fund early-stage crypto and blockchain start-ups.
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900,000 Afghans lost jobs since Taliban takeover: SIGAR
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], May 10 (ANI): According to the US Special Inspector General for Afghanistan Reconstruction (SIGAR), at least 900,000 Afghans have lost their jobs since the Taliban took control last August.
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Top Chinese leader warns of 'complex and grave' job market due to COVID-19
Updated : 4 years, 1 month ago IST
Hong Kong, May 10 (ANI): Chinese Premier Li Keqiang painted a grim picture of the job market in the world's most populous nation due to widespread COVID-19 lockdowns.
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China's export growth falls sharply as draconian COVID curbs show effect
Updated : 4 years, 1 month ago IST
Beijing [China], May 9 (ANI): China's export growth witnessed a sharp fall to 3.9 per cent in the month of April, as the draconian COVID-19 curbs that the country imposed in late March in the economic hub of Shanghai, and other cities start to show their effect on the economy.
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US stocks meltdown continues on rate hike fears, tech indicator Nasdaq at
Updated : 4 years, 1 month ago IST
New York [US], May 9 (ANI/Sputnik): The selloff on Wall Street showed little signs of slowing on Monday as US tech stocks hit two-and-half-year lows on fears that the Federal Reserve might send the economy into recession by embarking on the highest rate hike in three decades.
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Eyeing 3rd term, Xi Jinping shifts gear from 'common prosperity' to econom
Updated : 4 years, 1 month ago IST
Beijing [China], May 9 (ANI): With Chinese President Xi Jinping eyeing a historic third term, the country, in a tactical move, has decided to temporarily suspend focusing on "common prosperity", slapping penalties on tech behemoths and instead is scurrying to stabilizing the economy, which i
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Sri Lanka PM likely to resign this week
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], May 8 (ANI): Sri Lanka Prime Minister Mahinda Rajapaksa is likely to resign this week so that the new cabinet can take over, local media reported.
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Afghanistan receives USD 32 million in humanitarian aid
Updated : 4 years, 1 month ago IST
Kabul [Afghanistan], May 8 (ANI): Amid a devastating economic crisis, Afghanistan received USD 32 million in humanitarian assistance on Sunday, the country's central bank informed while appreciating the humanitarian assistance of the international community.
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Sri Lankan LoP Sajith Premadasa to not accept PM post in interim govt
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], May 8 (ANI): As Sri Lankan Prime Minister Mahinda Rajapaksa is likely to resign from his post amid ongoing protests, opposition party Samagi Jana Balawegaya (SJB) confirmed that its leader Sajith Premadasa will not accept the PM's post in an interim government.
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Pakistan's trade deficit swells to USD 39.3 billion in ten months
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
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