Search For "foreign exchange"
India's forex reserves dip 3rd straight week; fall by $2.03 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to pr
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FEMA violation: ED issue show cause notice to promoters of Transcorp ltd.
Updated : 3 years, 11 months ago IST
New Delhi [India], April 1 (ANI): Enforcement Directorate (ED) has issued a Show Cause Notice to Transcorp International Limited and its promoter director Ashok Kumar Agarwal and Managing Director Gopal Krishan Sharma in connection with the violation of Foreign Exchange Management Act (FEMA)
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Reserves of State Bank of Pakistan decreases by massive USD 2.915 billion
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 1 (ANI): Amid Pakistan's continuing economic woes, reserves held by the State Bank of Pakistan (SBP) decreased by a massive USD 2.915 billion, revealed the data released by the central bank on Thursday.
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Sri Lanka warns money exchanges from selling foreign currencies at higher
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], March 29 (ANI): Sri Lanka's central bank has warned the money changers who sell foreign currencies at higher exchange rates that their licenses would be suspended or revoked if they go beyond the exchange rates stipulated to them by licensed banks, local media reported T
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India's forex reserves slump by another $2.59 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 26 (ANI): India's foreign exchange (forex) reserves dipped by $2.59 billion in the week ended March 18, recording a sharp drop for the second consecutive week as the Reserve Bank of India (RBI) heavily sold dollars to prevent slide in the value of rupee
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Chinese yuan weakens to 6.3739 against USD, on 2nd consecutive day
Updated : 3 years, 11 months ago IST
Beijing [China], March 25 (ANI): On the second Consecutive day, the central parity rate of the Chinese currency renminbi, or the yuan, weakened 99 pips to 6.3739 against the US dollar on Friday, according to the China Foreign Exchange Trade System.
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Chinese yuan weakens to 6.3640 against US dollar today
Updated : 3 years, 11 months ago IST
Beijing [China], March 24 (ANI): The central parity rate of the Chinese currency renminbi, or the yuan, weakened 82 pips to 6.364 against the US dollar on Thursday, according to the China Foreign Exchange Trade System.
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India's forex reserves dip by $9.64 billion, the biggest drop in 2 years
Updated : 3 years, 12 months ago IST
Mumbai (Maharashtra) [India], March 19 (ANI): India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the val
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India's forex reserves rise by $394 million to $631.92 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 12 (ANI): India's foreign exchange (forex) reserves rose by $394 million to $631.92 billion in the week ended March 4 led by a sharp jump in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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India's forex reserves dip by USD 1.42 billion to USD 631.52 billion
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 4 (ANI): India's foreign exchange (forex) reserves declined by USD 1.425 billion to USD 631.527 billion in the week ended February 25 due to a sharp drop in foreign currency assets, the Reserve Bank of India (RBI) data showed on Friday.
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ED seizes assets of two businessmen worth Rs 4.79 cr for violating FEMA
Updated : 4 years ago IST
New Delhi [India], March 3 (ANI): Enforcement Directorate (ED) has seized assets worth Rs 4.79 crore including a cash amount of Rs 2.04 crore and immovable properties worth Rs 2.75 crore belonging to Sumit Agarwal and Sachin Agarwal under the Foreign Exchange Management Act (FEMA), 1999, the
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Russian President Putin signs decree on special economic measures against
Updated : 4 years ago IST
Moscow [Russia], February 28 (ANI): As the Russia-Ukraine conflict continues to evolve rapidly, President Vladimir Putin on Monday signed a decree on special economic measures against the US and its allies.
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