Foreign – Rayrice Forex News

Foreign currency auction; Taliban sells 11 million dollars – Kama Press news service

The Taliban-run central bank of Afghanistan has announced that an auction to sell $11 million will be held on Sunday. The central bank of the Taliban’s ruling government has issued a bid to sell the Afghani currency to $11 million on Sunday, September 18, to maintain its purchasing power against the US dollar. According to … Read more

Foreign currency does not determine the long-term plan, says Nissan COO in Reuters

2/2 © Reuters Nissan Chief Operating Officer Ashwani Gupta stands next to a car at a Nissan gallery in Yokohama, Japan November 29, 2021. REUTERS/Androniki Christodoulou/File photo 2/2 By Pete Sweeney TOKYO (Reuters) – Japanese automaker Nissan (OTC: ) Motor Co Ltd does not make medium- or long-term decisions based on foreign exchange market fluctuations, … Read more

With forex stocks hitting 2-year lows, India’s foreign exchange position has more momentum going forward

New Delhi and Mint Street have said India’s external environment remains healthy despite a decade-high inflation in recent months. But as the dollar strengthened and the trade deficit widened, the Reserve Bank of India moved quickly to defend the rupee. The dwindling foreign exchange reserves may leave India’s external situation in dire straits. India’s foreign … Read more

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges – Regulation Bitcoin News

South Korea’s Financial Intelligence Unit is cracking down on 16 foreign currency cryptocurrency exchanges operating illegally in the country. “Illegal business activities by unregistered entities may result in a maximum of 5 years in prison or a fine of up to KRW 50 million,” the regulator said. 16 was suggested by the South Korean inspector … Read more

Small economies get foreign currency to buy imported products – Stabroek News

Dear editor Small economies need income from tourists, exports, and other foreign exchange to purchase imported goods, while individuals seek salaried jobs to purchase household goods. In a subsistence economy, each family or group must rely on its own resources to protect itself; The quality of life is poor. Families whose members find employment that … Read more

As the shilling depreciates, Kenya’s foreign exchange reserves are low News Ghana

Forex Kenya’s foreign exchange reserves fell to record lows this week, leaving the shilling at its lowest level against major global currencies, the central bank said in its weekly financial market report on Friday evening. Apex Bank stated that the reserves recorded a low of 7.72 billion dollars from last week’s 7.74 billion dollars. The … Read more

Zimbabwe’s foreign exchange crisis worsens

Exit customers in the Harare GraniteSide Industries area have been using the local currency POS platform due to network problems. To circumvent the suspected POS challenges, the exit encourages potential customers to use foreign currency instead. As Zimbabwe’s dollar depreciates against major currencies, the situation at granite food outlets is affecting many businesses across the … Read more

The Minister of Finance promised to ensure the stability of the foreign trade market.

Finance Minister Miftah Ismail said the government is committed to taking all possible steps to stabilize the rupee against the US dollar without interfering in the marketing process. On Saturday, he met with senior executives of Pakistan’s major money transfer companies and held a meeting with the heads of the finance department of Islamabad … Read more

Foreign exchange reserves under stress: Government delays staff visits, less important projects

The government eventually stopped the devaluation of the dollar, stopped workers’ trips abroad, and delayed many imports. This comes a day after the central bank tightened regulations on luxury and non-essential items such as sports equipment, washing machines, air conditioners and refrigerators. Follow the Daily Star Google News Channel for all the latest news. The … Read more