Forex
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Russia forex payments in ‘selective default’: S&P agency
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[ad_1] Standard & Poor’s headquarters in the financial district of New York on August 6, 2011. — AFP PARIS: Credit rating agency S&P Global Ratings on Saturday downgraded Russia’s foreign currency payments rating to “selective default” after Moscow paid a…
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Sri Lanka tightens trade rules to boost forex reserves | The Express Tribune
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[ad_1] COLOMBO: Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign exchange earnings within 180 days of transactions in a bid to improve country’s depleting foreign exchange reserves. Sri Lanka is tackling its worst financial…
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China’s forex market transacts 19.45 trillion yuan in January | The Express Tribune
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[ad_1] BEIJING: China’s foreign exchange (forex) market recorded transactions of 19.45 trillion yuan, equivalent to 3.06 trillion US dollars, in January, official data showed Friday. Specifically, the transaction volume of the client market totalled 3.32 trillion yuan last month, while…
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Govt eyes people’s gold to increase forex reserves | The Express Tribune
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[ad_1] ISLAMABAD: The government is considering a proposal to borrow gold biscuits and bars from the people to increase foreign exchange reserves that remain on a sliding path despite taking over $5 billion loans in the past three months from…
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Forex Today: US Stocks Gyrate Again Ahead of FOMC
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[ad_1] (MENAFN- Daily Forex) US stock markets fell again yesterday before rebounding later on, with the S&P 500 & NASDAQ 100 indices recovering losses but still ending the day below their respective 200-day moving averages. During the Asian session, stocks…
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Forex Today: Stocks Tumble to Correction on Fed
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[ad_1] (MENAFN- Daily Forex) Stock markets fell hard yesterday before rebounding late, with the S&P 500 Index recovering all its losses but still ending the day below its 200-day moving average. At one stage, the index was down by more…
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Forex Today: Stocks, Crypto Consolidate After Breakdowns
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[ad_1] (MENAFN- Daily Forex) Advertisement Trade popular stocks with a leading hi-tech platform! TRADE STOCKS NOW Stock markets fell quite hard last week, with Friday seeing the first daily close of the S&P 500 Index below its 200-day moving average…
