Page 14 - Forex News Today

RBI may aim for forex reserves above $600 billion : Rashtra News #RBI #aim #forex #reserves #billion India's central bank would seek to keep its stash of foreign exchange in excess of $600 billion to provide adequate cushion through the current commodities super-cycle, record inflation in the West and the Ukraine war, potentially halting sell-buy

KUALA LUMPUR: The ringgit ended the day higher against the US dollar on improving domestic demand following the recent selloff, said an analyst.

MADRID, March 29 — Four people died after falling into the sea in northern Spain as strong winds and seven-metre-high wa......

Last year, MNCs paid Tk 5,060 crore as dividends, representing 72 percent of the total earnings while in 2022, they gave out Tk 6,346 crore in dividends, which accounted for 95 percent of the profits.

NEW YORK: Oil prices jumped more than $1 a barrel on Thursday, closing out the month higher on the prospect of OPEC+ staying the course on production cuts, ongoing attacks on Russia’s energy infrastructure and a falling US rig count tightening crude supplies, according to Reuters.  Brent crude futures for May settled at $87.48 a barrel, its highest level since...

RIYADH: Military industries are set to receive a boost with the Federation of Saudi Chambers announcing the formation of the first special national committee of its kind.  This marks the first time that a committee focused on the defense sector has been formed under the umbrella of the private sector, represented by the Saudi body.  Its purpose is to collaborate...

LAGOS — KFC Nigeria has issued an apology after the country's airport authority shut one of its outlets over the alleged discrimination of a disabled client.Adebola Daniel, son of a former Nigerian...

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 29 March 2024 - One of the most misunderstood terms in Forex trading is swap or Forex swap. To trade successfully, you should...

At the interbank foreign exchange, the rupee opened at 83.33 against the dollar and touched an early low of 83.34 in initial trade, registering a fall of 5 paise over its previous close. It was later trading at 83.31 against the American currency.

CAIRO: Egypt has started paying off dues owed to foreign oil and gas companies operating in the country, the government said on Tuesday, with sources saying that up to $1.5 billion had been set aside for the payments.  A cabinet statement said the payment process that had already begun accounted for about 20 percent of arrears owed to the companies,...