Chennai (Tamil Nadu) [India], May 23 (ANI): Chennai Air Customs has seized 2.9 kilograms of gold worth over Rs 1.34 crore and assorted foreign currency worth Rs 10.70 Lakhs in different incidents.
Mumbai (Maharashtra) [India], May 20 (ANI): India's foreign exchange (forex) reserves declined by $2.676 billion to $593.279 billion for the week ended May 13, the Reserve Bank of India (RBI) data showed on Friday.
Mumbai (Maharashtra) [India], May 19 (ANI): The Indian rupee dipped to a new record low of 77.76 against the US dollar on Thursday amid a meltdown in the equities markets as foreign funds outflows continue unabated.
Colombo [Sri Lanka], May 14 (ANI): China offered debt-stricken Sri Lanka more loans to overcome its economic distress amid rising protests in the country.
Mumbai (Maharashtra) [India], May 14 (ANI): India's foreign exchange (forex) reserves dropped by $1.77 billion to $595.95 billion for the week ended May 6 dragged by a sharp drop in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
Islamabad [Pakistan], May 12 (ANI): Ahead of the delay in the revival of the International Monetary Fund (IMF) programme and falling foreign currency reserves, the Pakistani rupee hit an all-time low against the US Dollar, crippling the country's economy further.
Mumbai (Maharashtra) [India], May 12 (ANI): The Indian rupee slumped to a new record low of 77.59 against the US dollar on Thursday, tracking losses in other Asian currencies.
Mumbai (Maharashtra) [India], May 9 (ANI): The Indian rupee hit a record low of 77.58 against the US dollar on Monday amid unabated outflow of foreign funds after the Federal Reserve hiked policy interest rates last week.
Mumbai (Maharashtra) [India], May 9 (ANI): The rupee plunged to a record low of 77.41 against the US dollar on Monday amid persisting high crude oil prices and uncertainty over the duration of the Russia-Ukraine war.
Islamabad [Pakistan], May 7 (ANI): Pakistan's trade deficit swelled to a massive USD 39.3 billion in the last 10 months of the fiscal year 2021-22, putting pressure on the country's foreign currency reserves in a sign of the worsening economic woes of the country, a media report said.
Mumbai (Maharashtra) [India], May 7 (ANI): India's foreign exchange (forex) reserves have slumped below $600 billion mark for the first time in almost a year.
Colombo [Sri Lanka], April 30 (ANI): Sri Lanka's Central Bank has announced that they will remove the regulations that made the exporters convert their foreign currency earnings into rupees in the coming future.