Search For "foreign exchange"
Economic indicators suggest Pakistan's economic situation would worsen in
Updated : 3 years, 2 months ago IST
Pakistan's economic downfall will continue as the economic indicators point a economic crisis in near future
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India's forex reserves up for 5th consecutive week
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
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Indian Rupee strong against every currency, RBI intervened in markets: Sit
Updated : 3 years, 3 months ago IST
Replying to a question in Lok Sabha, Sitharaman said the Reserve Bank of India has used the available foreign exchange reserves that it had in order to intervene in the markets to make sure that the Dollar-Rupee does not fluctuate too much.
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State Bank of Pakistan's foreign exchange reserves fall to four-year low o
Updated : 3 years, 3 months ago IST
The central bank data noted that the State Bank of Pakistan's reserves were recorded below this level during the week that ended on January 18, 2019,
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Bangladesh's current account deficit widens as imports surge: Report
Updated : 3 years, 3 months ago IST
The widening of the deficit implies that the pressure on the foreign exchange market continues to remain high, The DailyStar reported.
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Over 400 containers of vegetables stuck at Karachi seaport due to foreign
Updated : 3 years, 3 months ago IST
Owing to the lack of foreign exchange reserves in Pakistan and a reeling economic crisis, over 400 containers of imported vegetables were stuck at various terminals of Karachi seaport, Business Recorder reported on Wednesday.
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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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India remains more resilient than other emerging market economies: World B
Updated : 3 years, 3 months ago IST
For other EMEs, the World Bank in the report said impacts from the US, euro area, and China are at least 1.5 times larger than for India. It added India's relative resilience comes from its solid economic fundamentals, significant foreign exchange reserves, available policy space and prudent
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Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign e
Updated : 3 years, 3 months ago IST
A Public Interest Litigation (PIL) seeks direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and Benami transactions.
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India's forex reserves rise for third straight week
Updated : 3 years, 3 months ago IST
India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14 billion, the Reserve Bank of India data showed on Friday evening. This is the third consecutive week of rising reserves.
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BookMyForex launches "Interbank Rate Forex Card" - India's first true zero
Updated : 3 years, 3 months ago IST
Gurgaon (Haryana) [India], November 30 (ANI/NewsVoir): BookMyForex.com, India's first online foreign exchange marketplace, has launched the Interbank Rate Multi-Currency Forex Card, which is India's first true zero markup travel card. During regular banking hours, International travellers wi
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Pak economy continues to remain in shambles due to structural imbalances
Updated : 3 years, 3 months ago IST
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
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