Foreign Exchange
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...
Sterling Update: Pound loses some, but not all gains
Here’s the latest currency news from our partner Moneycorp, to help you find out what your money is worth.GBPThe UK...
Fact Check Team: Cyber kidnappings on the rise
WASHINGTON (TND) — The FBI is warning about a scam known as cyber kidnapping after a 17-year-old Chinese exchange...
Canadian Dollar Stabilizes, But Loses Ground Over the Week
The Canadian dollar stabilized on Friday, gaining slightly against the USD, but it lost ground over the week against...
Bengaluru CCB freeze bank accounts of foreign drug peddler
From January 1 to 10, 2024, they have confiscated contraband worth Rs 1.6 crore across various police stations, including...
IMF Okays $100M Credit Facility, Concludes 2023 Gambia Consultation
IMF Board approved a new 36-month arrangement Extended Credit Facility (ECF) arrangement, with requested access of SDR 74.64 million...
BB plans to introduce managed floating exchange rate mechanism
The upcoming monetary policy is likely to mention a shift from the previously announced move to a floating exchange...
Canadian Dollar Touches Weekly Low, Expected to Weaken Further in the Short Term
On Tuesday, Canada’s November International Merchandise Trade Balance reported lower figures month-over-month, and Canada’s Building Permits also fell more...
Fresh Trouble for Emefiele as Tinubu’s Govt Digs Out Fraudulent Foreign Exchange Transactions
President Bola Tinubu's move to probe the preferential treatment of foreign exchange allocation to some companies and individuals during...
