[ad_1] Islamabad: As Pakistan struggles to secure external financing to pull the country out of the economic crisis, foreign exchange reserves held by the State Bank of Pakistan (SBP) reversed their course, snapping their six-week winning streak, media reports said. In its weekly bulletin, the SBP said that its foreign exchange reserves have decreased by … Read more
[ad_1] US Dollar (Representative Image) Mumbai: India’s foreign exchange reserves dropped USD 325 million to USD 560.942 billion as of February 24, according to the Reserve Bank of India’s latest data. In the previous reporting week, the overall reserves had declined USD 5.68 billion to USD 561.267 billion. Foreign exchange reserves declined by USD 5.681 … Read more
[ad_1] Forex trading is the buying and selling of various currencies with the aim of making a profit. Since it is one of the most prevalent sorts of trading, it attracts a large number of traders from all over the world. One of the key currencies in the foreign exchange market is the Indian rupee, … Read more
[ad_1] Mumbai: India’s foreign exchange reserves declined by USD 5.681 billion to USD 561.267 billion in the week ending on February 17, according to the Reserve Bank of India’s latest data. This is their third consecutive week of decline in the overall forex reserves. During the week that ended on February 3, the reserves declined … Read more
[ad_1] Representative Image New Delhi: India’s foreign exchange reserves fell by $8.3 billion to $566.95 billion in the week ended February 10 its biggest weekly fall in 11 months. According to data released by RBI on Friday, the reserves are at their lowest level since January 6, 2023. The fall for the second straight week … Read more
[ad_1] Mumbai: The Reserve Bank on Friday updated its ‘Alert List’ for the public on unauthorised forex trading platforms to include names of entities/platforms/ websites which appear to be promoting such entities. In September last year, the central bank came out with an ‘Alert List’ containing the names of 34 entities. The list now has … Read more
[ad_1] Islamabad: The foreign exchange reserves held by the State Bank of Pakistan (SBP) have plunged to precarious levels as the cash-strapped nation desperately seeks to revive the stalled bailout programme of the International Monetary Fund (IMF), local media reported. Due to foreign debt payments, the central bank said its reserves fell $592 million to … Read more
[ad_1] State Bank of Pakistan. Islamabad: The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by $923 million last week. During the week ending on January 20, the total foreign exchange reserves of the Pakistani central bank fell to around $3.67 billion, the central bank said in a statement on Thursday … Read more