Latest News for: Foreign reserves

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Expats in UAE to remit or hold? Rupee falls past 86 to new record against US dollar

Gulf News 13 Jan 2025
The rupee has plumbed record lows in recent weeks and is expected to extend losses on slowing economic growth and foreign fund outflows. That’s spurred speculation about the Reserve Bank of ...
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Rupee breaches 86 against US dollar on strengthening dollar, weak FII inflows

Financial Express 13 Jan 2025
The rupee fell past 86 on Monday on a strong dollar after better-than-expected US jobs data led to an expectation that the Federal Reserve will go for lesser interest rate cuts in this year.
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China will allocate more FOREX to assets in HK, PBOC chief says

Hong Kong Standard 13 Jan 2025
China will significantly increase the proportion of the its foreign exchange reserves allocated to assets in Hong Kong, said People's Bank of China Governor Pan Gongsheng ...
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Ethiopia launches first stock exchange in 50 years

China Daily 13 Jan 2025
As part of its recent economic liberalization measures, the Ethiopian government last year opened the retail sector to foreign investors, a move that reversed its previous policy of reserving the sector exclusively for local entrepreneurs.
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Empowering workers

Dawn 13 Jan 2025
Their remittances provide a lifeline to Pakistan’s economy, supporting families, fostering local development, and adding to the nation’s foreign exchange reserves ... The RPL scheme allows workers to receive formal recognition for their expertise ... .
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India's foreign exchange reserves on a decline for over 3 months

Beijing News 12 Jan 2025
India's foreign exchange reserves continue to decline, extending their slump for over three months now ... Estimates suggest that India's foreign exchange reserves are sufficient to cover approximately one year or near-about of projected imports.
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Maldives ends 2024 with 63.2 mln USD in usable reserves

China.dot.org 12 Jan 2025
The MMA also reported 148.56 million dollars in other foreign exchange assets, bringing total reserves to 821.8 million dollars, according to PSM News. The total usable reserves are calculated after ...
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Egypt’s gold reserves rise by $2.2bn in 2024

Daily News Egypt 12 Jan 2025
The primary purpose of Egypt’s foreign exchange reserves, including gold and foreign currencies, is to ensure the availability of essential commodities, service external debt payments, and safeguard against economic crises.
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Indian rupee may hit 26 to the UAE dirham as RBI loosens grip

Khaleejtimes 12 Jan 2025
This brought stability via a rapid buildup of foreign-exchange reserves, which rose to an all-time high of $704.89 in late September 2024 ... The RBI’s foreign exchange reserves have been a crucial buffer against currency fluctuations.
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Belarus, Russia begin mutual visa recognition

China.dot.org 12 Jan 2025
Both sides reserve the right to deny entry or shorten the stay of any foreign citizen or stateless person on its territory, as well as to verify ...
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Belarus, Russia agree to mutual visa recognition, begins this weekend

Famagusta Gazette 12 Jan 2025
Both sides reserve the right to deny entry or shorten the stay of any foreign citizen or stateless person on its territory, as well as to ...
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Increased inflows

Dawn 12 Jan 2025
... significantly to exchange rate stability and improvement in the State Bank’s forex reserves in the absence of foreign direct investment, as well as any meaningful bilateral and multilateral inflows.
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Our View: Rebranding of Cyprus has been a resounding success

CyprusMail 12 Jan 2025
This new, clean profile – combined with island’s well-marketed ‘peace and stability’ mantra – has had other benefits as it has also attracted foreign businesses and investors to Cyprus.
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Collapsed Syrian economy requires international assistance for recovery

Anadolu Agency 12 Jan 2025
Additionally, war-related damage to airports, the suspension of international flights, the end of tourism, halted foreign investment, increased borrowing costs, depleted reserves, and the destruction ...
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Palm Beach Speakers Calendar for Jan. 12, 2025

Palm Beach Daily News 12 Jan 2025
Editor’s note ... Send items to copy@pbdailynews.com ... 2025. Jan. 13 ... Jan ... Reservations ... 2 ... Richard Engel, chief foreign correspondent, NBC News ... Reservations ... Reservations ... Reservations ... Reservations ... Reservations ... Reservations ... Reservations ... Reservations ... Reservations.

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