Search For "foreign exchange"
China approves USD 1.3 billion rollover for cash-strapped Pakistan
Updated : 3 years ago IST
Taking to Twitter, Pakistan Finance Minister Ishaq Dar announced, " Formalities completed [and] Chinese Bank, ICBC approved rollover of USD 1.3 billion facilities which has been repaid by Pakistan to ICBC in recent months."
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Forex reserves drops USD 325 mn to USD 561 billion
Updated : 3 years ago IST
Foreign exchange reserves declined by USD 5.681 billion to USD 561.267 billion in the week ending on February 17
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Will Pakistan be able to avert looming recession?
Updated : 3 years ago IST
Pakistan faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.
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India's forex reserves slip 5.681 billion, decline for third week
Updated : 3 years ago IST
India's foreign exchange reserves declined by USD 5.681 billion to USD 561.267 billion in the week ending on February 17.
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ED attaches assets worth Rs 305.84 crore of Joy Alukkas Pvt Ltd under FEMA
Updated : 3 years ago IST
Directorate of Enforcement (ED) has attached assets worth Rs 305.84 crore of a private firm under section 37A of the Foreign Exchange Management Act, 1999 for violation of section 4 of the Act.
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Reserve Bank of India and National Payments Corporation of India launch UP
Updated : 3 years ago IST
Bengaluru (Karnataka) [India], February 24 (ANI/BusinessWire India): RBI's Deputy Governor (Rabi Sankar), Chief General Manager (P. Vasudevan), Nandan Nilekani and NPCI's MD & CEO (Dilip Asbe) have launched 'UPI One World' for foreign nationals visiting India. The launch was conducted
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India's forex reserves decline after three weeks' rise
Updated : 3 years, 1 month ago IST
India's foreign exchange reserves declined by USD 1.494 billion to USD 575.267 billion in the week ending on February 3.
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RBI issues updated list of unauthorized forex trading entities
Updated : 3 years, 1 month ago IST
The Reserve Bank of India has updated and included names of entities or platforms or websites which appear to be promoting unauthorised entities or electronic trading platforms for forex trade
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Foreign portfolio flows show signs of improvement: RBI Governor
Updated : 3 years, 1 month ago IST
The RBI governor said net foreign direct investment (FDI) flows remain strong at USD 22.3 billion during April-December 2022. It was USD 24.8 billion in the corresponding period last year, he added.
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Japan to amend export regulations of semiconductor technology: Report
Updated : 3 years, 1 month ago IST
The current regime in Japan under Prime Minister Fumio Kishida will be amending the ministerial ordinance under the Foreign Exchange and Foreign Trade Act. Under this act export of certain products and technology related to semiconductors requires permission of the Minister of Economy, Trade
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India's forex reserves continue to rise for three weeks
Updated : 3 years, 1 month ago IST
The reserves are currently at their multi-month highs with the latest three consecutive weeks' rise.
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Budget 2023: Indian economy backed by strong fundamentals; check datapoint
Updated : 3 years, 1 month ago IST
Be it capital expenditure, the asset quality of banks, foreign exchange reserves, GST collections, fiscal consolidation path, and convergence of wholesale and retail inflation, Budget document data showed all these indicators to be on strong ground.
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