Search For "exchange rate"
Trade growth to slow to 1.7 pc in 2023 following 2.7 pc expansion in 2022:
Updated : 2 years, 11 months ago IST
The WTO's trade projections, set out in the new "Global Trade Outlook and Statistics" report, estimate real global GDP growth at market exchange rates of 2.4 per cent for 2023. Projections for both trade and output growth are below the averages for the past 12 years of 2.6 per cent and 2.7 p
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Telecom firms CEO in Pakistan call for regulatory relief to avoid slowing
Updated : 3 years, 1 month ago IST
The CEOs of Pakistan's largest telecom firms have said that the fluctuating exchange rate, increasing exchange rates, and fuel have caused uncertainty and have made it impossible for them to make a business plan.
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Pakistani rupee sees highest 1-day fall in 20 years
Updated : 3 years, 1 month ago IST
The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This was a key demand of the IMF as part of a programme of economic reforms it has agreed on with the debt-laden South Asian nation.
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Pak reels as prices of essential food items head north: Report
Updated : 3 years, 2 months ago IST
Factors such as higher import and transportation costs, crop availability, demand and supply gap, hoarding, exchange rate issues, and the ongoing economic crisis have resulted in uncontrolled inflation in Pakistan, even on essential food items, the Dawn reported, adding that the condition wa
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How long will govt hide behind Covid, war in Ukraine, asks Congress in con
Updated : 3 years, 2 months ago IST
The Congress party has targeted the central government on matters related to inflation including milk and fuel prices, unemployment, India's position in the 'Hunger Index' and the Rupee exchange rate.
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Chinese firms in Pakistan adopt 'go-slow' policy amid its faltering econom
Updated : 3 years, 2 months ago IST
Amid delays in payment to the IPPs, and rising exchange rates, Chinese companies in Pakistan opted for a "go-slow" policy.
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Renault to hike prices of its cars from Jan 2023
Updated : 3 years, 3 months ago IST
The company said the reasons for the price hike are to partially offset the impact of constant increases in input costs largely driven by pricier commodities, fluctuations in foreign exchange rates, inflation and also due to regulatory obligations.
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Rise in cost of living in India lower versus UK, Germany since Sept 21: SB
Updated : 3 years, 3 months ago IST
According to the report, to understand how India has performed in terms of cost of living, in a common currency, the cost of living in India was compared with US, UK and Germany by adjusting each country's exchange rate (dollar, euro and pound in case).
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Indian stock indices, rupee marginally up in early trade on Tuesday
Updated : 3 years, 3 months ago IST
At 9.47 am, Sensex traded at 61,235.72 points, up 90.88 points or 0.15 per cent, whereas Nifty traded at 18,180.70 points, up 20.75 points or 0.11 per cent.
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Pakistan's remittances drop amid widening exchange rate gap
Updated : 3 years, 4 months ago IST
The workers' remittances recorded an inflow of USD 2.2 billion in October as compared to the previous month's figure of USD 2.4 billion, the central bank said in its official data last Friday.
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ED seizes Rs 1.65-cr cash, recovers 44.5 bitcoin from 2 premises in Kolkat
Updated : 3 years, 4 months ago IST
Kolkata (West Bengal) [India], October 20 (ANI): The Enforcement Directorate (ED) on Thursday seized Rs 1.65 crore in cash and recovered 44.5 bitcoin (equivalent to Rs 7.12 crore as per market exchange rate) on two premises in Kolkata, pertaining to the case of a mobile gaming application --
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Rupee plunges to a new all-time low of 81.90 against US Dollar
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The Indian rupee weakened by 37 paise to hit a new all-time closing low of 81.90 against the US dollar on Wednesday as the greenback strengthened against major global currencies.
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