Search For "foreign exchange"
India's forex reserves rise by $2.31 billion after 4 straight weekly fall
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): India's foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the back of robust capital inflows in the equities markets and strengthening of rupee from the record low, the Reserve Bank of Indi
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Casino owner Chikoti Praveen, aide Madhav Reddy grilled by ED
Updated : 3 years, 7 months ago IST
Hyderabad (Telangana) [India], August 1 (ANI): Casino organiser Chikoti Praveen Kumar and his aide Madhava Reddy on Monday appeared before the Enforcement Directorate (ED) for questioning in connection with the alleged violation of the Foreign Exchange Management Act (FEMA).
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Pakistani rupee registers worst month in 50 years, depreciates by 14.5 pc
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 31 (ANI): The Pakistani currency depreciated by 14.5 per cent against the US dollar, registering its worst month in over 50 years as the country continues to struggle with high import payments, depleting foreign exchange reserves, and political uncertainty.
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India does not have problems like Pakistan and Sri Lanka, says former RBI
Updated : 3 years, 7 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): India has sufficient foreign exchange (forex) reserves, external debts are low and the country is not having the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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RBI has done a good job in increasing forex reserves: Raghuram Rajan
Updated : 3 years, 7 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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Forex reserves fall for 4th straight week; dip by $1.15 billion
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Extending the loss to the fourth straight week India's foreign exchange (forex) reserves fell by $1.152 billion to $571.56 billion for the week ended July 22, the lowest level in more than 20 months, the Reserve Bank of India data showed.
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Pakistan's current account deficit surges to USD 17.4 billion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 29 (ANI): In spite of multiple actions taken by Pakistan, its current account deficit has surged to USD 17.4 billion or 4.6 pc the size of the economy during the last fiscal year on the rising trade deficit.
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Pakistani rupee slumps further to PKR 231 against dollar
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 26 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Tuesday as it dropped to PKR 231 against the dollar in the interbank market, local media reported.
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Chinese yuan weakens to 6.7543 against USD
Updated : 3 years, 7 months ago IST
Beijing [China], July 25 (ANI): The Chinese currency renminbi, or the yuan, weakened 21 pips to 6.7543 against the US dollar on Monday, according to the China Foreign Exchange Trade System.
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Indian stocks record best week since Feb 2021 on buying in banking, return
Updated : 3 years, 7 months ago IST
New Delhi [India], July 24 (ANI): Indian equity markets recorded their best weekly performance during the session till Friday, supported by renewed buying, especially in banking and IT stocks as well as the return of foreign investments into the Indian markets after months. The Indian sto
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India's forex reserves dip by $7.54 billion as RBI sells dollars to defend
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended July 15, the lowest level in 20 months, as the Reserve Bank of India (RBI) likely used its war chest to defend the rupee, which recently dip
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Will engage with forex market, ensure rupee trades in line with fundamenta
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): The Reserve Bank of India will continue to engage with the foreign exchange market and ensure that the rupee finds its level in line with its fundamentals, said Governor Shaktikanta Das.
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