Tag: foreign exchange
CFTC Clarifies Views on Regulatory Treatment of FX Products
The Commodity Futures Trading Commission (CFTC) released an interpretive letter providing views on certain foreign exchange (FX) transact [...]
India’s forex reserves rise to USD 665.4 billion, major jump in nearly five months: RBI
New Delhi [India], April 6 (ANI): In a significant development, India's foreign exchange reserves rose from USD 6.596 billion to USD 665.396 billion i [...]
Japan finance minister says he will closely communicate with US on forex
TOKYO (Reuters) - Japan Finance Minister Katsunobu Kato said on Monday that he would communicate closely with U.S. Treasury Secretary Scott Besse [...]
India’s forex reserves rise by $305 million to $654.27 billion – Economy News
India’s foreign exchange (forex) reserves rose by $305 million to $654.271 billion for the week ending March 14, according to data released by the Res [...]
India fines BBC for alleged foreign exchange violations, sources say
By Nikunj Ohri and Aditya Kalra NEW DELHI (Reuters) - India's financial crime fighting agency has fined British broadcaster BBC 314,510 pounds ($3 [...]
India’s forex reserves down $2.54 billion to $635.721 billion – Economy News
Snapping the three-week rising streak, India’s forex reserves dropped by USD 2.54 billion to USD 635.721 billion in the week ended February 14, the RB [...]
Egypt’s foreign exchange earnings surge to $159.6bn in 2023/2024
Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, acc [...]
Ethanol blending saves $13bn in forex for India, procurement price revised
Ethanol blending by public sector oil marketing companies (OMCs) in India has saved more than Rs1.13tn ($13bn) in foreign exchange (forex) over th [...]
India’s Foreign Exchange Reserves Continue To Fall, Kitty Now Over 10% Below Its Peak | Economy News
New Delhi: India's foreign exchange reserves continue to decline, extending their slump for about four months now. The country's forex reserves have f [...]
US dollar stranglehold on global FX sets stage for euro parity
By Sarupya Ganguly BENGALURU (Reuters) - The U.S. dollar will tighten its stranglehold over global currency markets with little standing in the wa [...]
China’s new forex rules require banks to tighten scrutiny on cryptocurrency trades
China's foreign exchange regulator released new rules that require banks to flag risky trades, including those involving cryptocurrencies, which w [...]
SNB Stayed Out of FX Markets Despite Third-Quarter Franc Rally
(Bloomberg) -- The Swiss National Bank continued to refrain from significantly influencing the franc in the third quarter, even as the currency saw a [...]
Rupee: Rupee falls 4 paise to close at new low of 85.15/$
Mumbai The rupee extended the slide for the second straight session and depreciated 4 paise to settle at a fresh all-time low of 85.15 against the US [...]
India’s Forex Reserves Decline by $1.98 Billion, Continue Downward Trend
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India's foreign exchange (forex) reserves fell by $ [...]
Today’s Top 3 News: Utilization of Biodiesel can Save Foreign Exchange, BPH Migas Says
TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Sunday, December 8, 2024. Here are the highlights: BPH Migas: Utilization of Biodies [...]