Foreign Exchange
India arrests executive of Chinese smartphone giant Vivo in fraud probe
New Delhi/Hong Kong CNN — An executive at Vivo, one of China’s top smartphone makers, has been arrested in...
Russia Rolls Out Forex Controls to Prop up Currency
Russia brought back some currency controls late Wednesday. Big exporters will be required to sell their foreign earnings on...
SBP’s foreign exchange reserves increase by $31mn
LAHORE – State Bank of Pakistan’s (SBP) foreign exchange reserves have reached $7,646.7 million during the week ended on...
Nigeria Lifts Forex Ban on 43 Items to Stem Naira (NGN/USD) Plunge
Nigeria’s central bank lifted a ban on the purchase of dollars on the official market to import 43 specified...
Menendez and Wife Face Charges of Plotting to Make Him a Foreign Agent
Senator Robert Menendez, a New Jersey Democrat charged last month with taking bribes in exchange for lucrative political favors,...
SBP’s foreign exchange reserves increase by $31mn
LAHORE – State Bank of Pakistan’s (SBP) foreign exchange reserves have reached $7,646.7 million during the week ended on...
Russia Resumes Wartime Capital Controls as Putin Nears Elections
(Bloomberg) -- Russia’s government is reimposing tougher capital controls over the objections of the central bank, according to people...
Rouble jumps against dollar after Putin reimposes currency controls
An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October...
Exclusive: Kenya plans $500 million Eurobond buyback with new loans, central-bank governor says
A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November...
Givaudan sales dragged by currency effects, still weak North America
The logo of Swiss flavours and fragrances maker Givaudan is seen at its innovation center in Kemptthal, Switzerland January...
