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Pakistani rupee free fall continues; tipped to plunge to 200 against US dollar

The IMF had warned Pakistan in 2017 that the currency was overvalued by as much as 20 percent. The country's economy is in the grip of a crisis with a soaring debt and rising inflation.

May 30, 2019

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Rupee makes a turnaround amid optimism over PM Modi's re-election, becomes Asia's best-performing currency

A sudden surge in the inflow of dollars has sent the rupee to its highest level since August, prompting profit booking that led to the currency witnessing a drop on Tuesday after six trading sessions of continuous gains.

Mar 20, 2019

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Rupee rises 35 paise to 71.11 against US dollar

At the interbank forex market, the rupee opened higher at 71.12 and rose further to quote at 71.11, showing a rise of 35 paise over its previous close of 71.46 against the dollar on Tuesday.

Nov 22, 2018

Ominous predictions for rupee: 80 against dollar by year's end and a plunge to 100 later

Analysts say the rupee could fall further in the coming months as the key drivers of the fall -- widening current account deficit and the flight of overseas funds -- are more likely to persist than not.

Oct 17, 2018

With Indian rupee plumbing depths, 25 million expatriates to script new remittance record

The lion's share of remittances to India come from the United Arab Emirates, the United States, Saudi Arabia, Kuwait, the United Kingdom, Qatar, Oman and Canada -- in that order.

Oct 3, 2018

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U.K. Budget 2017: Winners and losers

U.K. Chancellor of the Exchequer Philip Hammond has announced the first Autumn budget for twenty years, after it switched from Spring. But who are the winners and losers of this budget?

Nov 22, 2017

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Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

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Conservatives lose overall majority as UK election results in hung parliament

British Prime Minister Theresa May has suffered an embarrassing setback as her Conservative Party has lost their overall majority off the back of a close general election, resulting in a hung parliament. Whilst the Conservatives hold the most seats, they do not have enough to establish outright control.

Jun 9, 2017

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UK election: How did we get here?

The second general election in two years, the fourth major vote in three years but how did it all start?

Jun 5, 2017

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David Davis says UK will not be paying £100bn Brexit divorce bill

Brexit Secretary David Davis has rejected claims Britain faces a soaring bill from Brussels for the EU exit on 3 May. European Commissions lead Brexit negotiator Michel Barnier later said the UK needs to honour its share of financial obligations.

May 3, 2017

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Macron thanks opponents who are calling to vote for him in the second run

French presidential candidate Emmanuel Macron thanks his opponents Francois Fillon and Benoit Hamon after they called voters to back him against Marine Le Pen in the elections second round.

Apr 24, 2017