Search For "forex reserves"
Pakistani rupee reaches new low against US dollar, closes at 232.93
Updated : 3 years, 7 months ago IST
Karachi [Pakistan], July 27 (ANI): Pakistani rupee (PKR) reached a new low against the US dollar on Tuesday, closing at Rs 232.93 in the interbank market.
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Rupee largely steady on elevated risk appetite in domestic markets
Updated : 3 years, 7 months ago IST
New Delhi [India], July 25 (ANI): After touching an all-time low and psychologically crucial level of 80 per US dollar last week, the Indian currency rupee traded largely steady on Monday.
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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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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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Bangladesh withdraws interest rate ceiling for NFCD accounts to boost fore
Updated : 3 years, 7 months ago IST
Dhaka [Bangladesh], July 18 (ANI): The central bank of Bangladesh on Sunday withdrew the interest rate ceiling on non-resident foreign currency deposits (NFCDs) in a bid to boost shrinking forex reserves.
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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.
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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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
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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.
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RBI announces measures to boost forex inflows, rupee slide
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a slew of measures to boost foreign exchange (forex) inflows amid slump in the value of rupees.
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Widening trade deficit pushes India to disincentivize gold imports
Updated : 3 years, 8 months ago IST
New Delhi [India], July 6 (ANI): India is experiencing a widening trade deficit, this essentially means that it is buying more goods and services than it is shipping out. India's trade deficit widened to a record $25.63 billion in June 2022, whereas it stood at $70.25 billion during April-Ju
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India's forex reserves rise $2.73 billion after three week of fall
Updated : 3 years, 8 months ago IST
New Delhi [India], July 2 (ANI): India's foreign exchange reserves rose by $2.734 billion to $593.323 billion during the week that ended on June 24, the Reserve Bank of India's weekly data showed.
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