Search For "foreign exchange"
Netflix drops 1 million subscribers in Q2 2022
Updated : 5 months, 2 weeks ago IST
Washington [US], July 20 (ANI): Although Netflix had anticipated a challenging second quarter with a sharp loss in paying members, today's financial report painted a far more positive image. The site lost 970,000 members between April and June as opposed to the anticipated 2 million. As a re
Read More
Iran launches trading in rial-Russian ruble to boost ties with Russia
Updated : 3 years, 8 months ago IST
Tehran [Iran], July 19 (ANI/Xinhua): Iran on Tuesday launched the Iranian rial-Russian ruble trading in its foreign exchange market, in an important step to boost economic ties with Russia.
Read More
Sri Lanka, China free trade agreement negotiations at a standstill
Updated : 3 years, 8 months ago IST
Colombo [Sri Lanka], July 19 (ANI): A senior government spokesperson of Sri Lanka said that there has been no positive response from China for the proposed debt restructuring programme despite taking steps to hasten the free trade agreement (FTA).
Read More
Indian economy remains resilient despite global headwinds: RBI
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
Read More
India's forex reserves dip by $8.06 billion to $580.25 billion
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 15 (ANI): India's foreign exchange (forex) reserves slumps by $8.062 billion to $580.252 billion for the week ended July 8, as per the data released by the Reserve Bank of India (RBI) on Friday.
Read More
Pakistan's rising debts, decreasing exchange reserves raise concern
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 14 (ANI): Pakistan is in economic turmoil as its foreign debts are rising while foreign exchange reserves are decreasing.
Read More
ED seizes Rs 17.34-cr assets of Mangaluru bizman K. Mohammed Haris under F
Updated : 3 years, 8 months ago IST
New Delhi [India], July 12 (ANI): The Enforcement Directorate (ED) has seized immovable properties worth Rs 17.34 crore of K Mohammed Haris of Mukka Group of Companies under the Foreign Exchange Management Act (FEMA), the agency said on Tuesday.
Read More
Chinese yuan weakens to 6.7287 against USD
Updated : 3 years, 8 months ago IST
Beijing [China], July 12 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 327 pips to 6.7287 against the US dollar on Tuesday, according to the China Foreign Exchange Trade System.
Read More
Pakistan to borrow PKR 5.5 trillion from international lenders
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
Read More
Pakistan's central bank sends SOS to PM Sharif on country's dwindling fore
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 9 (ANI): As Pakistan's economy continues to remain in shambles, the country's central bank State Bank of Pakistan has given out an SOS call to Prime Minister Shehbaz Sharif-led government of its waning foreign exchange reserves and its negative impact on country's
Read More
India's forex reserves dip $5 bln amid depreciating rupee
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI) India's foreign exchange reserves declined by $5 billion to $588.314 billion during the week that ended on July 1, the Reserve Bank of India's weekly data showed.
Read More
ED issues notice to Amnesty India, Aakar Patel; imposes Rs 61.72 cr penalt
Updated : 3 years, 8 months ago IST
New Delhi [India], July 8 (ANI): The Enforcement Directorate (ED) issued a show-cause notice to Amnesty India International Pvt Ltd (AIIPL) and its CEO Aakar Patel for contravention of the provisions of the Foreign Exchange Management Act, 1999 (FEMA) and imposed a penalty of Rs 51.72 cro
Read More