Latest Exchange Rate News & Updates

Mumbai, Feb 4 (IANS) Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Wednesday said the India–US trade deal would help remove uncertainties in trade, bring more stability to the economy, and encourage higher investments into the country.Speaking on the sidelines of the launch of an outreach programme on corporate bonds, Pandey said that when trade frictions and regulatory overhangs are cleared, capital formation improves and investment decisions pick up pace.He add…

Seoul, Jan 15 (IANS) South Korea’s central bank again left its benchmark interest rate unchanged on Thursday as a weakened won and rising inflation concerns limited room for further easing.In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held the key rate at 2.5 per cent at its rate-setting meeting in Seoul, marking the fifth consecutive on-hold decision since July, reports Yonhap news agency.”Inflation is expected to gradually decline, though the elevated exch…

New Delhi, Jan 4 (IANS) Several challenges faced by the Bangladesh economy from 2025, such as the rising non-performing loans in the financial sector, are likely to spill into the new year, according to local media reports.The Bangladesh Bank had limited room to act, as the government relied heavily on high-cost borrowing from the banking sector. At the same time, debt defaults continued to weaken banks’ ability to extend fresh credit, the Dhaka-based The Daily Star reported.High interest rates …