Page 14 - Foreign Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Time to remit: Pakistan rupee hits 3-month high, set to rise further Waheed Abbas/Dubai Photo: AFP In addition to strong inflows of foreign funds and remittances, good progress made on the Financial Action Task Force also supported the rupee. Pakistani rupee hit a three-month high against the UAE dirham on Monday and is likely to strengthen further in the coming days, as dollar inflows into the country stay strong, thanks to remittances from Pakistani expatriates and foreign fund inflows. ALSO READ: The rupee strengthened to 43.02 versus the dirham on Monday, its highest level since November ...

Ajay Singh shows keen interest in Air India SpiceJet Chairman and Managing Director Ajay Singh, along with two other investors, has shown a keen interest in the acquisition of the beleaguered Air India, The Economic Times reported. At least one of the said investors is a foreign fund. The report claims that Singh and the other two investors are among multiple parties that have shown interest in the airlines. Singh wants to receive a 100 per cent stake, but it is unlikely to get it if he and his co-investors manage to acquire the airline, the report said citing ...