The cost for Indians in the US sending money back home will rise, with their total annual outgo is likely to cross USD 1.6 ...

The special drawing rights were, however, down $26 million to $18.53 billion. India's reserve position with the IMF was also ...

According to the Reserve Bank of India’s (RBI) guidelines, in cases where excess or shortfall of funds occurs due to foreign exchange fluctuations, a deviation of up to 0.5% of the total consideration ...

The US is considering a 5% tax on remittances, which will impact Indians sending money back home. This could lead to a significant increase in costs for them.

European, US firms downwardly revise year-end profit, growth forecasts due to tariffs, uncertainties, currency volatility, ...

JAKARTA (Reuters): Asian currencies surged on Friday, with Indonesia's rupiah and South Korea's won leading the charge ...

According to historians from the RBI, the institution played a vital role in supporting Pakistan's economy, even while ...

India's forex reserves jumped by USD 4.553 billion to USD 690.617 billion for the week ended May 9 on the back of a steep ...

Gold reserves jumped by $4.518 billion to $86.337 billion during the week, the RBI said. The Special Drawing Rights (SDRs) ...

In Pakistan’s early months, the RBI helped stabilise its financial system, playing a key role as its temporary central bank ...

India's foreign exchange reserves rose by USD 4.553 billion to USD 690.617 billion in the week ended May 9, driven by a ...