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Taipei, Jan. 5 (CNA) Taiwan's foreign exchange reserves as of the end of December fell US $2.42 billion from the end of November to US $385.54 billion, the central bank said Thursday. The bank said its reserves fell because a falling euro against the
New Delhi, December 30, 2011 The Finance Ministry on Friday warned that the weakening rupee could hit the profitability of the companies that borrowed heavily from the overseas markets through ECBs. The increase in external commercial borrowings (
Story continues below This results in growing foreign exchange reserves as central banks sterilise their impact on domestic monetary supply. The continuing rise in foreign exchange reserves translates into a growing volume of assets managed by state-
from interventions by the Reserve Bank of India (RBI) to curbs on forex outflows. But a calmer assessment of the situation should make it clear that the panic is misplaced and what is needed is deeper introspection.
58 hrs Rising deficit, falling rupee, stubborn inflation, stagnant investments, a dropping Sensex and policy paralysis have cast a dark shadow over the Indian economy. Has the macro-economy deteriorated as much as it is perceived to be?
Articles The new funding comes along with an agreement between relevant Chinese government agencies to give CIC new money to manage every year, the sources said. The agreement would lay out a long-term framework under which CIC would be allocated
The Pakistani rupee has traded at a time of record low of 90.03to the dollar as import payments have risen, and theexporters have held on&
China's short-term foreign debt levels are rising at a worryingly fast pace, although overall risks are under control given the country's war chest of foreign currency reserves, the deputy head of its currency regulator said on Thursday. Li Chao ,
I noted that if the yuan had had a floating exchange rate, it too would have likely have dropped.
China's central bank plans to create a new vehicle to manage investment funds worth a total of $300 billion to improve returns on the world's largest stockpile of foreign exchange reserves, a source with knowledge of the matter told Reuters.