Search For "exchange rates"
Pak economy in tatters amid black marketing, smuggling: Report
Updated : 2 years, 5 months ago IST
Pakistan has experienced significant fluctuations in its exchange rates, intensifying its economic challenges. Experts underscore that a steadfast commitment to eradicating smuggling in key sectors is essential for Pakistan's economic recovery.
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WellxPay: A reliable payment gateway which makes international payments si
Updated : 2 years, 6 months ago IST
New Delhi [India], September 13: Developed in the UK, WellxPay is an international payment gateway revolutionizing international payments in Southeast Asia. With diverse payment options, the seamless conversion of currencies, advanced security features, and a globalized approach with a solut
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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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Chinese firms in Pakistan adopt 'go-slow' policy amid its faltering econom
Updated : 3 years, 3 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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IMF advises Sri Lanka to tighten monetary policy to overcome debt crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 26 (ANI): International Monetary Fund (IMF) official on Tuesday advised Sri Lanka to tighten its monetary policy, raise taxes and adopt flexible exchange rates to overcome its debt crisis, according to a media report.
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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 Lanka warns money exchanges from selling foreign currencies at higher
Updated : 3 years, 12 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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Pakistan's foreign remittances fall in November, exchange rate against US
Updated : 4 years, 3 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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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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Stilt launches instant USD to INR remittance with best exchange rates in i
Updated : 4 years, 11 months ago IST
New Delhi [India], April 15 (ANI/Digpu): Stilt, a leading neobank for immigrants, has launched a new feature called 'Instant Remit' that allows Stilt loan users to remit their loans immediately. After a loan is approved, Stilt users can choose to send it to their account or family back home
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