Foreign Exchange
Moody’s Cuts Egypt Outlook as Currency Dives on Black Market
(Bloomberg) -- Egypt’s credit outlook was cut to negative from stable by Moody’s Investors Service while the pound’s weakening...
Foreign exchange rates
KARACHI, Jan 19 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates...
Rupee falls 1 paisa against U.S. dollar in early trade
The rupee fell 1 paisa to 83.14 against the US dollar in early trade on January 19 amid heavy...
Flare-up at borders may destabilise exchange rate – Business
KARACHI: Tensions with Iran and Afghanistan could lead to uncertainty in the country and destabilise the exchange rate, as...
Toss Bank launches fee-free currency conversion service
Korean internet-only bank, Toss Bank, on Thursday rolled out its first foreign exchange service, pledging not to charge users...
Nigeria resolves forex backlog for 14 banks, settles airlines
The apex bank affirmed its commitment to continuing the settlement of what it described as "the legitimate foreign exchange...
Crypto fillip, snowless winter, PSU stocks, Bitcoin Spot ETF
Will Binance crackdown offer a fillip to Indian crypto exchanges? Why are Indian hills facing a snowless winter? Will...
At $617 bn, India’s foreign exchange reserves slip from near 22-month highs
The reserves witnessed the steepest decline in nearly five months, falling $5.9 billion for the reported week, following a...
Why the world is turning away from the US dollar
The invasion of Ukraine in February 2022 prompted the US Treasury Department to impose unprecedented sanctions on Russia, to...
India’s forex reserves fell $5.9 billion in week that ended January 5
Mumbai: India's foreign exchange reserves declined by USD 5.898 billion to USD 617.303 billion in the week that ended...
