Seoul, March 23 (IANS) Foreign currency deposits in South Korea fell for the second straight month in February, due to a decline in both individual and corporate deposits, central bank data showed on Monday.Outstanding foreign currency-denominated deposits held by residents stood at US$117.53 billion at the end of February, down $490 million from a month earlier, according to the data from the Bank of Korea (BOK), reports Yonhap news agency.In January, foreign currency deposits fell for the firs…
Latest Oil Reserves News & Updates
New Delhi, March 11 (IANS) India on Wednesday welcomed the International Energy Agency’s (IEA) decision to release emergency oil stocks amid the prevailing supply disruptions due to the Iran war.The government is closely monitoring the evolving situation in global energy markets, particularly in the Middle East, an official said.India stands ready to take appropriate measures, as necessary, to support global market stability in alignment with the efforts of the IEA, the official added.India is a…
Washington, Jan 14 (IANS) President Donald Trump cited Venezuela while outlining his energy, economic, and security agenda, saying recent US actions involving the South American nation were helping lower fuel prices and support growth.Speaking at the Detroit Economic Club, Trump described US involvement with Venezuela as successful and said it was now playing a role in boosting energy supply.“Even Venezuela wasn’t too bad, was it?” Trump said, calling the operation “as flawless an attack…