Tag: foreign exchange

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India’s forex reserves jump USD 1.51 bn to USD 658.091 bn; end consecutive weeks of decline

India’s forex reserves jump USD 1.51 bn to USD 658.091 bn; end consecutive weeks of decline

India's forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday.CompanyValueChange% [...]
India’s Forex Reserves Drop $10.75 Billion to $690.43 Billion

India’s Forex Reserves Drop $10.75 Billion to $690.43 Billion

At the end of September, the reserves had hit an all-time high of $704.885 billion.India's gold reserves fall by $98 million to $65.658 billion during [...]
Forex kitty hits $700 billion for 1st time, up $13 billion in week

Forex kitty hits $700 billion for 1st time, up $13 billion in week

MUMBAI: India's foreign exchange reserves crossed the $700 billion mark for the first time, following a $12.6-billion surge during the week-ended Se [...]
Nigeria Introduces System to Boost Forex Market Transparency – Bitcoin.com News

Nigeria Introduces System to Boost Forex Market Transparency – Bitcoin.com News

Nigeria Introduces System to Boost Forex Market Transparency  Bitcoin.com News news.bitcoin.com [...]
Forex reserves: In a first, India’s forex kitty swells above $700-billion mark

Forex reserves: In a first, India’s forex kitty swells above $700-billion mark

Mumbai: The Reserve Bank of India's foreign exchange reserves rose by $12.5 billion, its highest ever weekly rise, to touch a record high of $704.8 bi [...]
Visa and CARD91 Partner to Streamline Forex Card Issuance

Visa and CARD91 Partner to Streamline Forex Card Issuance

Visa and CARD91 have partnered to enable regulated entities to issue Forex Cards on the Visa network. This collaboration brings together Visa [...]
Forex Update: India’s Foreign Exchange Reserves Fall $4.8 Billion to $670.11 Billion

Forex Update: India’s Foreign Exchange Reserves Fall $4.8 Billion to $670.11 Billion

For the week ended August 2, foreign currency assets, a major component of the reserves, decreased by $4.079 billion to $587.96 billion.India's gold r [...]
Corpay Teams With Finzly to Streamline FX Payments

Corpay Teams With Finzly to Streamline FX Payments

Payments solutions firm Finzly says it has launched a partnership with corporate payments company Corpay. The collaboration, [...]
Nigeria Acts to Stabilize Currency with Forex Auction – Bitcoin.com News

Nigeria Acts to Stabilize Currency with Forex Auction – Bitcoin.com News

Nigeria Acts to Stabilize Currency with Forex Auction  Bitcoin.com News news.bitcoin.com [...]
Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped – Bitcoin.com News

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped – Bitcoin.com News

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped  Bitcoin.com News news.bitcoin.com [...]
Zimbabwe Injects $50M in Forex Market to Stabilize Currency – Bitcoin.com News

Zimbabwe Injects $50M in Forex Market to Stabilize Currency – Bitcoin.com News

Zimbabwe Injects $50M in Forex Market to Stabilize Currency  Bitcoin.com News news.bitcoin.com [...]
Nigeria Acts to Defend Naira After Currency Hits New Record Low – Bitcoin.com News

Nigeria Acts to Defend Naira After Currency Hits New Record Low – Bitcoin.com News

Nigeria Acts to Defend Naira After Currency Hits New Record Low  Bitcoin.com News news.bitcoin.com [...]
Russia lowers mandatory FX sales for exporters from 60% to 40%

Russia lowers mandatory FX sales for exporters from 60% to 40%

MOSCOW (Reuters) - The Russian government on Saturday lowered a mandatory foreign currency sales requirement on major exporters from 60% to 40%, it sa [...]
Forex Update: India’s Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion

Forex Update: India’s Foreign Exchange Reserves Fall $2 Billion to $646.67 Billion

After rising for three consecutive weeks, India’s forex reserves fell $2.027 billion to $646.673 billion for the week ended May 24, according to the l [...]
Forex Update: India’s Foreign Exchange Reserves Hit All-Time High of $648.7 Billion, Jump $4.5 Billion

Forex Update: India’s Foreign Exchange Reserves Hit All-Time High of $648.7 Billion, Jump $4.5 Billion

In the third consecutive weekly increase, India’s foreign exchange (forex) reserves jumped $4.549 billion to a new all-time high of $648.7 billion for [...]
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