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South Korea’s foreign reserves hit new high


September 5th, 2012 - 3:00 pm ICT by IANS
Seoul, Sep 5 (IANS) South Korea's foreign currency reserves hit a new high last month due to a rise in conversion value of non-dollar assets and a growth in investment ... Read more...

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South Korea’s foreign reserves contract


June 4th, 2012 - 1:26 pm ICT by IANS
Seoul, June 4 (IANS) South Korea's foreign reserves contracted to $310.87 billion last month due to a sharp fall in conversion value of non-dollar denominated assets that offset a rise ... Read more...

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South Korea’s foreign reserves over $300 bn


May 3rd, 2012 - 3:36 pm ICT by IANS
Seoul, May 3 (IANS) South Korea's foreign reserves grew to a record high of $316.84 billion last month due to an increase in investment profits and a growth in conversion ... Read more...

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South Korea’s foreign reserves expand


March 5th, 2012 - 2:08 pm ICT by IANS
Seoul, March 5 (IANS) South Korea's foreign reserves expanded to a record high of $315.8 billion last month due to a rise in conversion value of non-dollar denominated assets and ... Read more...

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South Korea’s foreign reserves grow in three months


February 2nd, 2012 - 2:57 pm ICT by IANS
Seoul, Feb 2 (IANS) South Korea's foreign reserves grew for the first time in three months in January due to a rise in conversion value of non-dollar denominated assets and ... Read more...

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India to introduce new rupee symbol on currency soon


May 23rd, 2011 - 10:57 pm ICT by IANS
New Delhi, May 23 (IANS) India will soon introduce new rupee symbol and extra security features on its bank notes in a bid to tackle the problem of fake ... Read more...

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Dollar dips on consumer spending, eurozone inflation


April 30th, 2011 - 2:55 am ICT by IANS
New York, April 30 (IANS) The US dollar fell against major currencies in late New York trading Friday as US consumer spending rose in March and inflation in the eurozone ... Read more...

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India’s forex reserves slump by over $4 bn


December 4th, 2010 - 6:28 pm ICT by IANS
Mumbai, Dec 4 (IANS) India's foreign exchange (forex) reserves declined by over $4 billion to $293.98 billion for the week ended Nov 26, falling sharply for the third straight week because of ... Read more...

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India’s forex reserves fall further by $330 million


November 27th, 2010 - 6:02 pm ICT by IANS
Mumbai, Nov 27 (IANS) India's foreign exchange (forex) reserves declined by $330 million, sliding to $297.98 billion during the week ended Nov 19, for the second consecutive week on sharp ... Read more...

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Forex reserves up by $2.56 billion on gold revaluation


November 6th, 2010 - 6:07 pm ICT by IANS
Mumbai, Nov 6 (IANS) India's foreign exchange (forex) reserves increased by $2.56 billion during the week ended Oct 29, to reach a total of $297.95 billion, partly on account of a jump ... Read more...

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Stanley Druckenmiller To Close Down His Hedge Fund


August 20th, 2010 - 3:31 am ICT by GD
By Gina Gomez Aug 19, (THAINDIAN NEWS) Stanley Druckenmiller, the Chief Operating Officer and Chairman of the Duquesne Capital Management sent shock waves across various quarters on Wednesday after he made the announcement ... Read more...

Posted in Business, World, World News |

Mexico to receive $4 bn from IMF to bolster reserves


August 29th, 2009 - 11:35 am ICT by IANS
Mexico City, Aug 29 (EFE) Mexico will receive some $4 billion in special drawing rights, or SDRs, from the International Monetary Fund to bolster its reserves and liquidity, the country's central bank ... Read more...

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IMF to issue first-ever bonds


July 2nd, 2009 - 9:02 am ICT by IANS
Washington, July 2 (DPA) The International Monetary Fund (IMF) said Wednesday it will issue bonds for the first time in its 60-year history in an effort to win contributions from emerging economies ... Read more...

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ICICI Bank revises NRI deposit rates


July 4th, 2008 - 9:21 pm ICT by IANS
Mumbai, July 4 (IANS) The country's largest private sector lender ICICI Bank has revised its interest rates on various non-resident deposit schemes. Interest rates on non-resident external (NRE) fixed deposit have been ... Read more...

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Bank of Rajasthan hikes rates on non-resident deposits


July 3rd, 2008 - 9:23 pm ICT by IANS
Mumbai, July 3 (IANS) A day after hiking its interest rate on term deposits, Bank of Rajasthan (BoR), Thursday announced a similar revision in its non-resident (external) rupee deposits (NRE), and foreign ... Read more...

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Indian Cobra beer to shut production in Poland


May 12th, 2008 - 1:45 pm ICT by admin
By Surender Bhutani Warsaw, May 12 (IANS) Cobra Beer, the lager brand owned by India-born, London-based Karan Bilimoria that had outsourced its production to Poland in 2005, has decided to shift the bulk ... Read more...

Posted in Business |

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