Search For "exchange rate"
WTO downgrades forecast for global GDP growth in 2022 to 2.8pc
Updated : 3 years, 11 months ago IST
Geneva [Switzerland], April 13 (ANI/Sputnik): The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in 2022 to 2.8% from the previously expected 4.1%, according to a fresh report released on Tuesday.
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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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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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Indian rupee plunges to a record low of 77.02 against a dollar
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 7 (ANI): The Indian rupee plunged to a record low of 77.02 against a US dollar on Monday as a sharp rise in crude oil prices amid the ongoing Russia-Ukraine conflict dampened investors' sentiments.
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Indian rupee weakens by 22 paise to 76.16 against US dollar
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 4 (ANI): The Indian rupee weakened by 22 paise to 76.16 against the US dollar on Friday as a sharp rise in crude oil prices amid the ongoing Russia-Ukraine conflict dampened investors' sentiments.
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NTT Communications introduces currency guarantee business
Updated : 4 years ago IST
Tokyo [Japan], February 22 (ANI): Various Companies in Japan are expanding their businesses through global trade, but fluctuating currency rate has been a major concern for them.
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Pakistan: Import data widens to historic high of USD 1 billion
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 26 (ANI): The gap between import data from the State Bank of Pakistan (SBP) and the Pakistan Bureau of Statistics (PBS) alarmingly grew to a historic high of USD 1.5 billion in November, the biggest sum in a single month since 2008 when reconciliation issue fir
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Pakistan's foreign remittances fall in November, exchange rate against US
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 23 (ANI): In Pakistan the exchange rate witnessed a persistent decline against the US dollar for the last several months because of the fall in foreign remittances by 6.6 percent despite contradicting claims by Pakistan economic managers.
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Erdogan replaces Finance Minister amid record drop in Turkish Lira
Updated : 4 years, 3 months ago IST
Ankara [Turkey], December 2 (ANI/Sputnik): Turkish President Recep Tayyip Erdogan replaced the republic's minister of finance and treasury amid a record drop in the Turkish lira exchange rate, according to the decree published in the official Resmi Gazette newspaper.
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Pakistan rupee drops all-time low against US dollar
Updated : 4 years, 4 months ago IST
Karachi [Pakistan], November 13 (ANI): Pakistani currency has dropped at its record low against the US dollar due to Rs 1.81 decline in the inter-bank market during intra-day trading, with the exchange rate sliding to Rs 175.73, local media reported on Friday.
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Pakistan finance ministry warns of higher inflation
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], October 29 (ANI): Pakistan's ministry of finance has warned that the exchange rate, commodity supplies and seasonality could intensify the magnitude of prices and transportation costs in the country, local news reported.
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Inflation impact on sovereigns depends on real interest rates: Fitch
Updated : 4 years, 9 months ago IST
Hong Kong, June 17 (ANI): Global inflation trends and associated risks around interest rates and exchange rates may have direct sovereign credit implications, Fitch Ratings has said adding that a critical question for government debt sustainability is how inflation will affect debt/GDP ratio
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