Forex

Pakistan currency, Pakistani rupee, pakistan demonetisation

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

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

note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

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

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

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

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

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

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

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

Falling pound tempts tourists to shop for luxury brands until they drop

Luxury brands from Burberry to high end jewellers benefit as tourists flock to the UK to take advantage of the sliding pound.

Oct 26, 2016

India's foreign exchange reserves touch a historic high of $355.94 billion

India's foreign exchange reserves rose $2.53 billion in the week ended March 18, according to RBI weekly supplement released Friday.

Mar 26, 2016

Below 69, rupee may depreciate to 73 against US dollar: Sharekhan

The rupee has declined by 3.5 percent against the greenback so far this year.

Feb 24, 2016

Rupee tumbles to two-and-a-half-year low

The rupee touched a low of 68.62 versus dollar in the early trading session on Wednesday.

Feb 17, 2016

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