Page 86 - Forex News Today

DAKAR: The Malian army began redeploying troops on Monday toward the northern rebel stronghold of Kidal, two security officials said, amid a resumption of hostilities in the region. “As part of the reorganization of our arrangements in the north, we have begun the redeployment of our forces in the northeastern region of Kidal,” a Mali military official who spoke on condition...

KUALA LUMPUR: The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States' (US) ISM Manufacturing Index data.

MAKKAH: The National Olympiad for Programming and Artificial Intelligence for middle and high school students is to take place in the Kingdom. The announcement was made by the Saudi Data and Artificial Intelligence Authority, in partnership with the Ministry of Education, and the King Abdulaziz and His Companions Foundation for Giftedness and Creativity. About 300,000 students will be selected from...

Japan’s currency reached 150.16 per dollar on Tuesday in New York trading, then soared nearly 2% in a matter of seconds to as strong as 147.43.

The Forex (Foreign Exchange) market, known for its high liquidity and 24-hour trading opportunities

ABUJA: Nigerian President Bola Ahmed Tinubu’s government on Sunday proposed a temporary wage hike for federal workers and more cheap gas-powered public transport among other measures to offset the impact of his economic reforms and convince labor unions to call off a planned national strike. Speaking in a broadcast to mark Nigeria’s 63rd independence day anniversary, Tinubu’s announcement came after...

KYIV: Ukrainian President Volodymyr Zelensky said in a speech released on Sunday that nothing would weaken his country’s fight against Russia, a day after the US Congress passed a stopgap funding bill that omitted aid to Ukraine. Defense Minister Rustem Umerov said separately he had received reassurances about further military assistance in a telephone call with US Defense Secretary Lloyd...

KUALA LUMPUR: The ringgit opened lower against the US dollar on the first trading day for the month as the latter extended its strong performance and remained firm, said an analyst.

Saudi Deputy Minister of Foreign Affairs Waleed Elkhereiji on Sunday met his Indonesian counterpart Pahala Nugraha Mansury, in Riyadh. During the meeting, they discussed issues of mutual concern and ways to further strengthen relations between the two countries. Also present at the talks were Mohammed Al-Matrafi, the Saudi ministry’s director general of the General Department of Asian Affairs, and Abdulaziz...

Starting October 1, 2023, new tax collection at source (TCS) rates will affect various financial transactions, such as international travel, investments in foreign assets, and educational expenses abroad. Under the Liberalised Remittance Scheme (LRS), individuals can remit up to $250,000 in a financial year.