Search For "foreign exchange"
Int'l investors perceive Pakistan as country with high debt default risk
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], May 26 (ANI): Pakistan is now perceived by the International investors as a country with high default risk at a time when the foreign exchange reserves by the State Bank of Pakistan (SBP) are down from USD 20 billion in August 2021 to USD 10.1 billion in nine months.
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Chinese yuan weakens to 6.6766 against USD
Updated : 3 years, 9 months ago IST
Beijing [China], May 26 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 216 pips to 6.6766 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
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ED seizes forex worth Rs 1.53 crore from passenger at Kolkata airport
Updated : 3 years, 9 months ago IST
New Delhi [India], May 23 (ANI): The Enforcement Directorate (ED) has recovered forex worth Rs 1.53 crore by conducting a search of a person at Kolkata Airport under the Foreign Exchange Management Act, 1999 (FEMA), the agency said on Monday.
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India's forex reserves slump by $2.67 billion; 10th weekly fall
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
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Pakistan bans import of non-essential luxury items to 'stabilize economy'
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 20 (ANI): Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the record fall of country's currency against the US dollar, on account of the rising import bill, and depleting foreign exchange reserves.
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Measures to curb looming economic crisis to be taken: Pak Finance Minister
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], May 15 (ANI): In a high-profile meeting on Saturday, the Finance Minister of Pakistan, Miftah Ismail affirmed measures to curb the outflow of foreign exchange from Pakistan through informal channels.
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India's forex reserves dip by $1.77 billion; 9th weekly fall
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 14 (ANI): India's foreign exchange (forex) reserves dropped by $1.77 billion to $595.95 billion for the week ended May 6 dragged by a sharp drop in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Pakistan's foreign exchange reserves hit all-time low since December 2019
Updated : 3 years, 10 months ago IST
Karachi [Pakistan], May 13 (ANI): Trade deficits and increasing current account coupled with dried up dollar inflows, and external debt payments have resulted in an alarming dip in Pakistan's foreign exchange reserves, plunging to a record low since December 2019.
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Chinese yuan weakens to 6.7290 against dollar
Updated : 3 years, 10 months ago IST
Beijing [China], May 11 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 156 pips to 6.7290 against the US dollar Wednesday, according to the China Foreign Exchange Trade System.
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Chinese yuan weakens to 6.6899 against USD
Updated : 3 years, 10 months ago IST
Beijing [China], May 9 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 567 pips to 6.6899 against the US dollar on Monday, according to the China Foreign Exchange Trade System.
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India's forex reserves see 8th weekly fall, slide below $600 billion
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): India's foreign exchange (forex) reserves have slumped below $600 billion mark for the first time in almost a year.
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Sri Lanka faces diesel shortage as foreign exchange crisis worsens
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], May 5 (ANI): Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Thursday said the country is facing a shortage of diesel as the foreign exchange crisis worsens in the South Asian country.
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