Indian central bank’s FY26 income gets $17.7 billion FX boost
MUMBAI, May 29 (Reuters) - The Indian central bank's gains from foreign exchange transactions rose 52% to 1.69 trillion rupees...
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India Wooing NRIs With Foreign-Currency Deposits Makes No Sense Right Now
Nirmala Sitharaman announced the maiden issuance of FCSBs in her Budget speech on 5 July 2019. A storm broke out...
Indian finance minister calls for focus on ‘3Fs’ – fuel, fertiliser, forex
By Khushi Malhotra MUMBAI, May 25 (Reuters) - Indian Finance Minister Nirmala Sitharaman urged the country on Monday to focus...
Ringgit holds firm against major currencies despite stronger US dollar and West Asia tensions | Business
THE ringgit opened mixed against regional currencies but remained broadly firmer against several major global currencies today as investors weighed...
As China’s yuan emerges as a global currency, Beijing faces a balancing act
As the yuan’s exchange rate hovers near a three-year high against the US dollar, an article by China’s top foreign...
Rupee hits record low of 95.80 against dollar, ends near lifetime closing low
Mumbai
The Indian rupee tumbled to a fresh record low of 95.80 against the US dollar during intra-day...
Rupee slips to record closing low of 95.25 against US dollar amid Gulf tensions
Mumbai
The Indian rupee weakened by 2 paise on Tuesday to settle at a fresh all-time closing low...
Yen jumps sharply as Japan warns it is ready to intervene again
By Makiko Yamazaki, Leika Kihara and Dhara Ranasinghe TOKYO/LONDON, May 1 (Reuters) - Japan's yen jumped sharply on Friday as...
India’s RBI Boosts Gold Reserves as Forex Holdings Dip
India Builds Domestic Gold VaultsThe Reserve Bank of India's increased focus on gold, raising its share in foreign exchange reserves...
Thomas Cook India expands forex cards to 28 currencies amid Asia travel boom
As Indian travellers pivot towards Asia and adopt digital payments, Thomas Cook (India) Limited is doubling down on prepaid forex...
