Tuesday, May 17, 2022
Outlook.com

Foreign Exchange

Pakistan Forex Reserves Fall To Lowest Since December 2019

Pakistan Forex Reserves Fall To Lowest Since December 2019

This is because of an increase in current account and trade deficits, higher external debt payments and dried dollar inflows, as per a report.

13 May 2022
PM Modi's Nepal Visit Will Strengthen Age-Old Socio-Cultural Bonds Between Two Countries: Foreign Ministry

PM Modi's Nepal Visit Will Strengthen Age-Old Socio-Cultural Bonds Between Two Countries: Foreign Ministry

"The upcoming visit of the Prime Minister Modi will contribute to further strengthening the bilateral relations and the age-old socio-cultural bonds between...

12 May 2022

ED’s Xiaomi Probe: Hope India Will Provide Fair, Just And Non-Discriminatory Environment To Chinese Firms, Says China

Xiaomi is accused of making illegal remittances abroad "in the guise of royalty" payments.

Jaishankar Arrives In Bhutan To Strengthen Bilateral Ties

Jaishankar Arrives In Bhutan To Strengthen Bilateral Ties

Jaishankar is in Bhutan at the invitation of his Bhutanese counterpart Lyonpo Tandi Dorji, according to an official statement.

29 April 2022

ICICI Bank Launches Open-For-All Digital Ecosystem For MSMEs

MSMEs, even those who are customers of other banks, and professionals can access a host of services such as instant overdraft, apply for QR code, foreign...

Advertisement
22 April 2022
Mauritius PM Meets With UP CM Adityanath, Governor Patel

Mauritius PM Meets With UP CM Adityanath, Governor Patel

CM Adityanath felicitated PM Jugnauth with an 'angavastram' prepared by Kashi artisans.


19 April 2022
PM Narendra Modi, Mauritius Counterpart PM Jugnauth To Hold Roadshow In Ahmedabad

PM Narendra Modi, Mauritius Counterpart PM Jugnauth To Hold Roadshow In Ahmedabad

At least 15,000 people are expected to greet both the prime ministers who will travel from the airport to Raj Bhavan, as per the release.


16 April 2022
The Rise of NFTs: Need For A Progressive Regulatory Framework

The Rise of NFTs: Need For A Progressive Regulatory Framework

The rise of NFTs as a separate entity different from crypto currencies calls for the requirement of a regulatory framework to prevent forgeries and for the...


01 April 2022
President Kovind Arrives In Turkmenistan To Boost Bilateral Ties With Key Central Asian Nation

President Kovind Arrives In Turkmenistan To Boost Bilateral Ties With Key Central Asian Nation

This is the first-ever visit of the President of India to independent Turkmenistan and comes just after the inauguration of the new Turkmen President...


09 March 2022
NSE IFSC vs BSE IFSC: Key Differences And How They Work

NSE IFSC vs BSE IFSC: Key Differences And How They Work

Both NSE IFSC and BSE IFSC (India INX) can help you invest in global stocks. Know how you can invest through them and the key differences


Advertisement

08 March 2022
Technology Bridging The Gender Gap in Financial Inclusion

Technology Bridging The Gender Gap in Financial Inclusion

The world is taking the essential efforts to increase financial inclusion . Financial inclusion is viewed as a critical enabler for reducing extreme poverty...


25 February 2022
FDI Equity Inflows Dip 16% During Apr-Dec 2021 To $43.17 Billion: Report

FDI Equity Inflows Dip 16% During Apr-Dec 2021 To $43.17 Billion: Report

The inflows had stood at $51.47 billion during the corresponding period of the previous year


18 February 2022
Forex Reserves Down By $1.763 Billion To $630.19 Billion

Forex Reserves Down By $1.763 Billion To $630.19 Billion

The foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange...


11 February 2022
Forex Reserves Surge To $631.953 Billion In Week Ended On February 4

Forex Reserves Surge To $631.953 Billion In Week Ended On February 4

In the previous week ended January 28, the reserves had declined by $4.531 billion to $629.755 billion. It touched a lifetime high of $642.453 billion in the...


31 January 2022
Rupee Gains 15 paise To 74.92 Against US Dollar In Early Trade

Rupee Gains 15 paise To 74.92 Against US Dollar In Early Trade

The rupee appreciated 15 paise to 74.92 against the US dollar in opening trade on Monday.


14 January 2022
India's Forex Reserves Down By $878 Million To Stand At $632.736 Billion

India's Forex Reserves Down By $878 Million To Stand At $632.736 Billion

In the previous week ended December 31, the reserves had dropped by $1.466 billion to $633.614 billion.


Advertisement

27 October 2021
CBI Nabs Six In Rs 6,000 Crore Remittance Scam In Bank Of Baroda

CBI Nabs Six In Rs 6,000 Crore Remittance Scam In Bank Of Baroda

According to the CBI officials, Rs 6,000 crore was transferred through nearly 8,000 transactions done between July 2014 and July 2015.


27 October 2021
Indians Paid Rs 263 Billion In Foreign Exchange Fees In 2020: New Study Reveals

Indians Paid Rs 263 Billion In Foreign Exchange Fees In 2020: New Study Reveals

The overall amount Indians have spent on transaction fees for sending money abroad have decreased over the past five years, the fees paid to exchange rate...


22 October 2021
India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

India's Foreign Exchange Reserves Rise By $1.49 Billion To Touch $641 Billion

Special drawing rights with International Monetary Fund (IMF) fell by $21 million to reach $19.25 billion in the reporting week. India's reserve position with...


15 October 2021
India's Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

India's Forex Reserve Increase By $2.04 Billon To Reach $639.52 Billion: RBI

India's reserve position with the International Monetary Fund fell by $3 million to about $5.23 billion in the reporting week, the data stated.


01 October 2021
Forex Reserves Descend To $638.65 Billion

Forex Reserves Descend To $638.65 Billion

The apex bank stated that the fall in reserves was on account of a fall in the foreign currency assets (FCAs) which is a major component of the overall...


30 September 2021
Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data

Forex Reserves Rise By $34.1 Billion In April-June Quarter: RBI Data

On the balance of payment basis, excluding valuation effects, forex reserves rose by $31.9 billion in the June-end quarter compared to $19.8 billion in the...


22 September 2021
Rupee Falls 26 Paise To Close At 73.87 Against Dollar

Rupee Falls 26 Paise To Close At 73.87 Against Dollar

The local currency opened at 73.70 and touched an intra-day high of 73.66 against the dollar in trading hours today


15 September 2021
Rupee Spikes 2 Paise To Touch 73.66 Against US Dollar in Early Trade

Rupee Spikes 2 Paise To Touch 73.66 Against US Dollar in Early Trade

Inflation in the United States is headed on an easing trajectory, inflation in August 2021 receded to the smallest increase in the last seven months


14 July 2021
Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Economic Crisis: Sri Lanka Cuts Back On Imports Amid Mounting Debt

Shortages are pushing prices higher for many consumer goods, from bread to construction materials to gasoline, triggering protests among Sri Lankans fed up...


Advertisement
Advertisement
Advertisement
Advertisement