A financial analyst, Kalu Ajah, has said the possible reasons manufacturing firms are declaring losses in the era of foreign exchange (FX) revaluation whereas banks are declaring profits in the ...

Expressed in US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units ...

India's foreign exchange reserves declined by USD 1.988 billion to USD 652.869 billion in the week ended December 13, ...

THE PHILIPPINES’ outstanding external debt hit another record high as of end-September, the Bangko Sentral ng Pilipinas (BSP) said. Data from the central bank showed external debt jumped by 17.5% to ...

By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Anecdotal evidence, including inquiries to Iraq Business News, ...

The reserves stood at $655 billion in the week ended December 6, having declined by $3.2 billion during that week ...

The steep fall of the yuan this week does not signal a major shift in the country's foreign exchange policy or its long-term currency revaluation trend, analysts said.

RBI said gold reserves increased by USD 1.121 billion to USD 68.056 billion during the week, the RBI said. The Special ...