foreign currency

Dhaka, Jan 2: A rule that makes Bangladesh Bank's permission mandatory to pay foreigners in Bangladesh Premier League (BPL) teams in foreign currency seems to have been often violated. A Bangladesh Bank official said if a franchise pays a…

Panaji, Oct 27: Investing in tunnelling technology, especially carving out tunnels under water as well as in treacherous terrain like the Western Ghats and the Himalayan range, can boost the Make in India mission, according to a top railway…

Mumbai, May 23 (IANS): Depreciation in dollar value, interest payments on securities held by the apex bank in non-dollar currencies and the rich payouts for its participation in the forwards trading market led to an exponential rise in…

Mumbai, May 16 (IANS): Depreciation in dollar value and intervention by the country's apex bank to arrest the slide in rupee value led to a slower growth in India's foreign exchange reserves in the week just ended. According to the data…

Mumbai, May 13 (IANS) Kolkata Knight Riders co-owners, Bollywood superstar Shah Rukh Khan, actress Juhi Chawla and her husband Jay Mehta, have been served Enforcement Directorate (ED) summons for allegedly violating FEMA norms, official…

India's foreign exchange reserves rose $1.4 billion in the week ended April 24 to touch $344.6 billion, creating a new record, the Reserve Bank of India said on Friday. The rise in exchange reserves was mainly on account of a $1.4 billion…

India's foreign exchange reserves touched a record high of $343.2 billion for the week ended April 17, the Reserve Bank of India's data showed on Friday. The reserves have risen by $2.79 billion over the week and $33.79 billion during the…

India's foreign exchange reserves increased by $3.88 billion to $338.07 billion for the week ended Feb 27, Reserve Bank of India (RBI) data showed. The reserves had increased by $1.02 billion to $334.19 billion in the previous week (Feb…

India's foreign exchange reserves declined by $97.9 million to $322.03 billion for the week ended Jan 23, Reserve Bank of India (RBI) data showed. In the previous week (Jan 16) the reserves went up by $2.66 billion to $322.13 billion.…

India's foreign exchange reserves gained by $236.4 million to $319.47 billion for the week ended Jan 9, Reserve Bank of India (RBI) data showed. In the previous week (Jan 2) the reserves had decreased by $471 million to $319.23 billion.…