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    Naira closes stable as CBN lifts forex market with 0m

    At the investors and exporters forex window, naira was quoted at N361.42k per U. S dollar, the same level it traded the previous day, data from FMDQ indicated. Naira gained 0.01 percent to close at N361.41k on Wednesday as against N361.46k/$ traded on ...

    India's Forex reserve plunge by .23 bn

    Segment-wise, FCAs -- the largest component of the Forex reserves -- decreased by .26 billion to 2.45 billion during the week under review. Besides the US dollar, FCAs consist of nearly 20-30 per cent of major global currencies. It also includes ...

    Axiata Group blames India stake, forex for Q1 loss

    The operator, with mobile operations in eight countries, reported a net loss of MYR147 million ( million) in Q1 compared with a MYR239 million profit in Q1 2017, which it attributed to a higher loss from its 18.1 per cent stake in India-based operator ...

    Oil, GST, MSP, Forex: As Modi’s Macro Challenges Rise, Here’s The Case For A Mini Budget In October

    Oil is on the boil, with Brent crude prices hovering around a barrel; the rupee-dollar rate has hit the skids, crossing 68 last week; farm unrest has forced the government to promise higher minimum support prices (MSPs) that are 50 per cent more than ...

    Indian operations, forex weigh on Axiata in Q1

    2018 weighed down by the Indian telecommunications market and due to forex translation impact as the ringgit strengthened. The telco company said on Tuesday this was in contrast with the earnings of RM239.01mil a year ago. Loss per share were 1.6 sen ...

    India's Forex Reserves Fall For the Fourth Consecutive Week

    For the fourth consecutive week, India's forex reserves have witnessed a downtrend as per the RBI data released which for the week to May 11, 2018, reported forex reserves lower by .2 billion to 7.7 billion. On April 13, 2018, forex reserves had hit a ...

    The Best and Trusted Forex Brokers in France

    Forex Trading is gaining popularity all over France, thanks to the enormous volume of global currency trading, which stands at an estimated trillion per day. However, with the rise in popularity, so are the numbers of complaints against fraudulent brokers.

    Rupee weakens to 68.07 as crude oil breaches per barrel mark

    The rupee weakened by 37 paise to 68.07 against the US dollar at the interbank forex market on fresh demand for the greenback from importers and banks. The rupee sentiment was also hit as crude oil breached the per barrel mark in global market.

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