Search For "local currency"
ADB raises $307 million from first panda issue in over a decade
Updated : 5 years ago IST
Manila [The Philippines], Mar 11 (ANI): The Asian Development Bank (ADB) has raised 307 million dollars from its first panda bond issue in more than a decade, representing its largest-ever borrowing in an Asian local currency.
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Fitch assigns TCS first-time A-minus IDR with negative outlook
Updated : 5 years, 2 months ago IST
Hong Kong, December 22 (ANI): Fitch Ratings has assigned Tata Consultancy Services (TCS) long-term foreign-currency and local-currency issuer default ratings (IDRs) of A-minus with a negative outlook.
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S&P downgrades Sri Lanka to CCC-plus on fiscal deterioration
Updated : 5 years, 3 months ago IST
Singapore, December 11 (ANI): S&P Global Ratings on Friday lowered its long-term foreign and local currency sovereign credit ratings on Sri Lanka to CCC-plus from B-minus.
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S&P affirms India's BBB-minus/A-3 rating with stable outlook, projects
Updated : 5 years, 5 months ago IST
Singapore, Sep 25 (ANI): S&P Global Ratings on Friday affirmed its BBB-minus long-term and A-3 short-term unsolicited foreign and local currency sovereign ratings on India.
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Tata Communications secures local telecom license in Saudi Arabia
Updated : 5 years, 7 months ago IST
Riyadh [Saudi Arabia], July 21 (ANI): Tata Communications said on Tuesday it has secured a telecom license in Saudi Arabia to provide internet and related telecom services to enterprises in a defined capacity along with local currency billing for end-customers.
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Moody's downgrades India's ratings to Baa3, maintains negative outlook
Updated : 5 years, 9 months ago IST
New York, June 2 (ANI): Moody's Investors Service has downgraded India's foreign-currency and local-currency long-term issuer ratings to Baa3 from Baa2 and local-currency senior unsecured rating to Baa3 from Baa2.
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COVID-19, dimmed global outlook weigh heavily on emerging East Asian bonds
Updated : 5 years, 11 months ago IST
Manila [The Philippines], Mar 25 (ANI): The novel coronavirus (COVID-19) pandemic and deepening global economic uncertainty are weighing heavily on local currency bond markets of emerging East Asian economies, according to the latest issue of the Asian Development Bank's (ADB) Asia Bond Moni
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Emerging east Asia bond market growth steady amid global slowdown
Updated : 6 years, 3 months ago IST
Manila [Philippines], Nov 20 (ANI): Emerging east Asia's local currency bond market posted steady growth during the third quarter of 2019 despite persistent trade uncertainties and a global economic downturn, according to the latest issue of the Asian Development Bank's (ADB) Asia Bond Monit
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Moody's changes India's outlook to negative from stable, affirms Baa2 rati
Updated : 6 years, 4 months ago IST
New York [USA], Nov 8 (ANI): Moody's Investors Service has changed the outlook on India's ratings to negative from stable and affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings.
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India stands shoulder to shoulder with Nepal: PM Modi
Updated : 7 years, 10 months ago IST
Kathmandu [Nepal], May 11 (ANI): Prime Minister Narendra Modi, who is on a Two-day State visit to Nepal, on Friday assured the Himalayan nation of India's support, saying "India stands shoulder to shoulder with Nepal."
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Indian rupee opens lower after hitting 2.5 year high
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 3 (ANI): The Indian rupee on Wednesday slipped in early trade and opened lower by 7 paise at Rs. 63.55 per dollar versus Rs. 63.48 on Tuesday, where the local currency was up by 0.31 percent from its previous closing.
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