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Why Funded Firm is Trusted by Over 97,000 Forex Traders Worldwide
2 weeks, 5 days ago

Why Funded Firm is Trusted by Over 97,000 Forex Traders Worldwide

ABP News  

New Delhi, December 05: In the competitive world of forex trading, having access to the right resources and capital can make all the difference between success and failure. Funded Firm has quickly become one of the most trusted platforms for forex traders by offering a unique model that provides funded accounts, expert support, and advanced trading tools. By offering access …

Support Access Trading Capital Platform Firm Forex
India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee
1 month, 2 weeks ago

India’s forex reserves drop for fifth week amid RBI’s possible intervention to support rupee

India TV News  

India’s foreign exchange reserves fell for the fifth consecutive week, falling $2.675 billion to $682.130 billion in the week ended November 1, according to RBI data. The record reserves of $704.885 billion are slowly dwindling, likely due to RBI intervention to support the rupee. Reserve levels falling after all-time highs Recent reserve declines that peaked last month included $3.7 billion, …

India Foreign Exchange Billion Rbi Rupee Making
Ethiopia receives IMF relief after easing forex curbs
4 months, 3 weeks ago

Ethiopia receives IMF relief after easing forex curbs

The Hindu  

Cash-strapped ased foreign exchange curbs on Monday as part of a broad economic reform package as the International Monetary Fund approved a loan to the Horn of Africa nation seeking a multibillion-dollar bailout. “This a landmark moment for Ethiopia” and the loan is a testament to the country’s “strong commitment to transformative reforms”, IMF Managing Director Kristalina Georgieva said in …

Market Bank Foreign Imf Ethiopia Nbe
Avenix Fzco Unveils Ground-breaking Forex Robot Pivlex for Gold Trading, Revolutionizing the M1 Timeframe
7 months, 2 weeks ago

Avenix Fzco Unveils Ground-breaking Forex Robot Pivlex for Gold Trading, Revolutionizing the M1 Timeframe

ABP News  

Dubai, May 7: Avenix Fzco, a pioneer in automated trading solutions, today announced the launch of its new Expert Advisor Pivlex, specifically designed for the Gold market on the M1 timeframe. Avenix Fzco's commitment to innovation is evident in the Pivlex EA's design, which incorporates real-time insights that empower traders to make informed decisions quickly. The launch of this forex …

Trading Dubai Gold Market Forex Fzco Avenix Pivlex
China in Quandary as Pakistan Faces Debt Default After Steep Fall in Forex Reserves
1 year, 10 months ago

China in Quandary as Pakistan Faces Debt Default After Steep Fall in Forex Reserves

News 18  

Watching warily Pakistan plunging into the worst economic crisis with prospects of defaulting on foreign loans, China which holds Islamabad’s largest debt on Monday said it backed measures taken by its “all-weather friend” to tide over the disastrous situation and hoped it will, in the end, pull through. Pakistan’s current account deficit shrank 90.2 per cent to USD 0.24 billion …

China Pakistan Sri Lanka Bank Debt Billion Lanka
Explainer | The free fall of the rupee
2 years, 5 months ago

Explainer | The free fall of the rupee

The Hindu  

The story so far: The Indian rupee hit an all-time low against the U.S. dollar this week weakening past the 79 rupees to a dollar mark and selling as low as 79.05 against the dollar on Wednesday. So, for instance, when there is great enthusiasm among foreign investors to invest in India, it can lead to an increase in the …

India Market Supply Indian Foreign Investors Demand Value
Explained | Why is there a fall in India’s foreign exchange reserves?
2 years, 7 months ago

Explained | Why is there a fall in India’s foreign exchange reserves?

The Hindu  

The story so far: The Indian rupee hit an all-time low against the U.S. dollar this week weakening past the 77 rupees to a dollar mark and selling at 77.63 against the dollar on Thursday. So, for instance, when there is great enthusiasm among foreign investors to invest in India, it can lead to an increase in the supply of …

India Market Indian Foreign Investors Demand Value Foreign
Forex Intervention by RBI to Touch $93 Billion by March, Says Report
3 years, 11 months ago

Forex Intervention by RBI to Touch $93 Billion by March, Says Report

News 18  

The Reserve Bank of India is likely to spend at least USD 20 billion more to support the rupee and increase the forex kitty through the reminder of the financial year, taking its overall forex intervention to USD 93 billion, according to a report. The report by the Wall Street brokerage Bank of America Securities also expects the central bank …

Bank Intervention Billion Cent Rbi Das Rupee
RBI to Move to Next Generation Treasury Application for Managing Forex, Gold Reserves
4 years, 2 months ago

RBI to Move to Next Generation Treasury Application for Managing Forex, Gold Reserves

News 18  

In a bid to improve its functioning, the Reserve Bank has decided to move to the Next Generation Treasury Application for managing the country’s foreign exchange and gold reserves. The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income, Forex, Money Market and Gold. “RBI proposes to …

India Rbi Usd Forex Gold Reserves Ngta