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India's forex reserves dip by $5.4bn after 8-week rise to lifetime high
19 Apr 2024 14:38 GMT
… cushioned the fall of the forex kitty.
Central banks have … jump in overall reserves.
The forex kitty had increased by $ … while unveiling the first monetary policy review of the current financial … April 1.
India's forex reserves, including the central bank …
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Forex: Reps promise to encourage export of Nigerian products
19 Apr 2024 14:01 GMT
The House of Representatives on Thursday expressed its commitment to strengthen existing laws on improved exportation of Made-in-Nigeria goods to boost the nation’s foreign exchange earnings.
The Chairman, House Committee on Nigerian Content Development …
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Forex Management Unsuccessful Without Economic Stability, Okonkwo Knocks CBN
19 Apr 2024 13:27 GMT
… market, saying that any forex management that does not … the worst case is when forex management affects manufacturers. The … twin policies of petrol subsidy removal and unification of forex windows … the right direction as policies of the new administration …
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IMF downplays danger of forex volatility for Korea, urges focus on inflation
19 Apr 2024 08:08 GMT
Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund, reacts during a news conference at the Sri Lanka's Central Bank premises, in Colombo, Sri Lanka May 15, 2023. [REUTERS/YONHAP]
Exchange rate …
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Flexible forex rate regime required: IMF
19 Apr 2024 06:25 GMT
… regime to help build up forex reserve and cut inflation, the … it was true that the forex reserve position was yet to … regime for building resilience of forex reserve," he said, … to further tighten monetary policy to build up forex reserve that could …
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Global investors apprised about upward forex trend
19 Apr 2024 02:08 GMT
KARACHI: Governor State Bank of Pakistan (SBP) Jameel Ahmad has said that Pakistan’s external sector has stabilised and with support of qualitative improvements in the external account the SBP has successfully doubled its FX reserves from $3.1 billion to $ …
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Little change in forex woes
18 Apr 2024 05:31 GMT
Business
Newsday
59 Minutes Ago
IN THE last budget, Minister of Finance Colm Imbert announced a multi-pronged plan to address the demand for foreign exchange and set a timeline of six months to implement some of it.
Six months later, how well has the plan …
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SBP penalises 7 more banks for forex violations
18 Apr 2024 03:23 GMT
… Refineries demand full recovery of forex losses
Earlier, the central bank … -on-year) driven mainly by policy rate hikes of 600 basis …
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Japan, Korea, US Agree Forex Cooperation As Yen, Won Dive
17 Apr 2024 22:44 GMT
Finance chiefs from the United States, Japan and South Korea have agreed to “consult closely” on foreign exchange markets, amid worrying declines of the yen and won.
The agreement came in the leaders first trilateral meeting on Wednesday amid receding …
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Role of governance and importance of eradication of corruption in attracting forex inflows
17 Apr 2024 20:58 GMT
… national priorities and targeted policies guide promotions in attracting … for forex outflow are few to name. The NPP policy … with national priorities and policies. The maritime location has … investments to such sectoral policies of respective industries, Sri …