CurrenciesForex reserves fall $14.15 bn in last one month on valuation impact, RBI intervention | Business NewsOctober 14, 202349Country’s foreign exchange reserves have declined by $14.154 billion in almost one month due to valuation loss and the Reserve...
CurrenciesRupee falls 2 paise to close at 83.03 against U.S. dollarSeptember 14, 202344The rupee pared initial gains to settle 2 paise lower at 83.03 (provisional) against the U.S. dollar on Thursday, weighed...
CurrenciesU.S. Dollar Defends Role As Global Currency [Infographic]August 31, 2023130The de-dollarization of the world economy has been thrust back into the spotlight with the BRICS summit, which took place...
CurrenciesAfrica Becomes A Casualty In The War Against Inflation As Dollars Dry UpJuly 2, 202394displaying a giant US dollar banknote in the Zamalek district of Egypt's capital Cairo on August 24, 2022. - Depleted...
CurrenciesExplained: The International Monetary StructureJune 18, 202365There are 5 hard currencies which are recognized universally. Hard currencies are the currencies that are accepted globally and the...
Bankingbne IntelliNews – Markets hope Erdogan’s new ‘financial whiz’ central bank chief is all she’s hyped up to beJune 10, 202352The hype machine was not slow to spring into action in response to Recep Tayyip Erdogan’s June 9 appointment of Hafize...
CurrenciesWhy the dollar still reigns supremeMay 8, 2023104New Delhi: Every few years, doubts are raised on whether the US dollar will continue to be the premier international...
Stock MarketApple share price buoys US stock market after Q4 earningsMay 6, 202349Apple Inc. rallied Friday after an iPhone rebound helped quarterly earnings beat estimates, even as overall sales at the world’s...
CurrenciesDiaspora remittances now Kenya’s largest foreign exchange earnerJanuary 22, 202361By VINCENT OWINO Kenya is now earning more foreign exchange from diaspora remittances than each of its major exports –...
CurrenciesCustomers claim they were lured into foreign exchange trading and lost hundreds of thousands of dollarsJanuary 9, 202350Former customers of an Australian company claim they were lured into the high-risk world of foreign exchange trading under false...