In both Switzerland and India, there was a notable decline in 2018 in the scale and frequency of foreign exchange purchases, the report said. India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in May...
Even though the Covid-19 pandemic has mostly abated in much of the world, India's school-to-work (S2W) transition process continues to face substantial obstacles such as -Lack of trainers, Insufficient resources, Infrastructure gaps, Poor integration with mainstream school Education curriculum and...
iv.RBI decided to allow issuance of RuPay Prepaid Forex (Foreign Exchange) cards by banks in India for use at ATMs, PoS machines and online merchants overseas to expand payment options for Indians travelling abroad. About the Reserve Bank of India (RBI): Governor– Shaktikanta Das Deputy Gover...
There are 473 billionaires in China and 200 in India, which is a record for that country. Forbes used stock prices and exchange rates from March 8, 2024, to tally their wealth. List of Top 10 Billionaires Ranked by Forbes: Rank Name Net Worth (USD Billion) Company 1 Bernard Arna...
Exchange rate affects balance of payments. As a matter of fact, balance of payments is an important indicator of a country's trade balance. The present paper is an attempt to understand the causes for fluctuations in the exchange rate and its impact in India. Variations in exchange rates ...
India recorded a Current Account deficit of 1.20 percent of the country's Gross Domestic Product in 2023. This page provides - India Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
(7) Foreign Currency Current Account This is designed for the customers who generally transact in foreign currencies. It offers low transaction cost to deal in foreign currencies and give best exchange rates. (8) Institutional Current Account ...
including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates...
respective matching prices. Figures are single counted (only one side of the transaction is considered). Companies admitted to listing and admitted to trading are included in the data. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates. ...
I treat it as a currency, but I cannot use most of the same metrics that I value other currencies with (such as foreign-exchange reserve levels, current account balances, purchasing power parity vs exchange rates, and so forth). Therefore, I use a combination of two primary methods to ...