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A service for finance industry professionals · Friday, December 27, 2024 · 772,139,009 Articles · 3+ Million Readers
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Currency Depreciation News Monitoring

  • Published on Dec 24, 2024

    India's forex sufficient to meet 11 months of imports, 96 pc of external debt: RBI

    India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of India (RBI) on Tuesday. In its bulletin, the central …

    Source: The Economic Times - Center-right
  • Published on Dec 23, 2024

    Tunisia: Expat remittances up 4.6% on December 10 (BCT)

    Remittances from Tunisians living abroad rose by 4.6% in the period to December 10, 2024 compared with the same period last year, according to the latest monetary and financial indicators published by the Central Bank of Tunisia (BCT). Up to 10 December, …

    Source: African Manager - Label Pending
  • Published on Dec 23, 2024

    PSX sees massive buying as KSE-100 index surges over 4,400 points

    The Pakistan Stock Exchange (PSX) witnessed a remarkable rally on Monday as the benchmark KSE-100 Index surged by 4,411.27 points, closing at 113,924.41, marking a 4.03% gain. This was the second-largest single-day increase in the index’s history in terms …

    Source: Profit by Pakistan Today - Neutral
  • Published on Dec 23, 2024

    Our National Debt Nightmare

    Dr. Ousman Gajigo The Gambia’s total public debt is now around D120 billion. Given that our own Minister of Finance and Economic Affairshas recently admitted that the country is in danger of debt distress, the realization must now be setting in even for …

    Source: The Voice Gambia - Uncategorized
  • Published on Dec 23, 2024

    "Leave India": Entrepreneur Criticises Innovation Barriers, Popcorn Taxes

    Indian entrepreneur detailed his experiences after returning to India in 2018 to launch his own company. An Indian entrepreneur and startup founder has advised “high-salaried individuals” to “leave India”, claiming the country stifles innovation. The …

    Source: NDTV - Center-right
  • Published on Dec 23, 2024

    Tokyo stocks snap 6-day losing streak on firm exporters

    This photo shows the Tokyo Stock Exchange. (Mainichi) TOKYO (Kyodo) -- Tokyo stocks snapped a six-day losing streak on Monday as investors scooped up recently battered shares and bought exporter issues on a weak yen. The 225-issue Nikkei Stock Average …

    Source: The Mainichi - Neutral
  • Published on Dec 23, 2024

    Inflation, Interest, Exchange Rates Top Manufacturers’ Woes in 2025

    December 23, (THEWILL) – There are strong indications that high inflation, interest and exchange rates constitute major macroeconomic challenges that would confront the manufacturing sector in the coming year – 2025. Since the inception of the Bola Tinubu …

    Source: The Will - Neutral
  • Published on Dec 23, 2024

    Academia Sinica forecasts Taiwan's GDP to grow 3.1% in 2025

    Taipei, Dec. 23 (CNA) Taiwan's gross domestic product (GDP) is forecast to grow 3.1 percent in 2025, lower than this year's projection of 4.23 percent, due to uncertainty created by Donald Trump's second term in office as U.S. president which …

    Source: Focus Taiwan - Neutral
  • Published on Dec 23, 2024

    The 3-way heavyweight motorcycle auction contest set for February 1

    We’ve been waiting a long time for the first million dollar motorcycle, and in a world heavyweight contest of sorts, three American-made motorcycles capable of breaking that barrier will all go to auction within a few minutes of each other (lots 684, 701…

    Source: New Atlas - Neutral
  • Published on Dec 23, 2024

    Shrinking trade surplus highlights Hungary’s growing economic woes

    Hungary had a EUR 1.039bn trade surplus in October, a second reading of data released by the Central Statistics Office (KSH) on Monday shows. Latest trade surplus data Exports fell 0.5pc year-on-year to EUR 12.927bn. Imports edged down 0.1pc to EUR 11. …

    Source: Daily News Hungary - Neutral
  • Published on Dec 23, 2024

    Naira rebound seen in 2025 on higher FX inflows

    … Lower petrol, food importation could strengthen currency The naira could see better days in 2025 as analysts project higher foreign exchange inflows into Nigeria as well as lower petrol and food importation next year. Several experts who spoke with …

    Source: Business Day - Neutral
  • Published on Dec 23, 2024

     Festivity, Energy Cost May Spike Inflation In December – Analysts 

    LAGOS  – Analysts say headline inflation may rise by 2.53% m/m in December, translating to a y/y rate of 34.91% on account of the ongoing festive demand, poor harvests, and high energy and transport costs.  They also warned of increased pressure on …

    Source: Independent - Label Pending
  • Published on Dec 23, 2024

    Naira Falls as CBN Allows BDCs Access to FX Purchase from Official Market

    By Dipo Olowookere The Nigerian Exchange (NGX) Limited recorded 1.76 per cent week-on-week growth last week on the back of a continued buying interest. The demand for Nigerian stocks has continued to grow as a result of renewed investor confidence in the …

    Source: BusinessPost Nigeria - Uncategorized
  • Published on Dec 23, 2024

    ‘Hell’: Iconic city overrun by tourist hordes

    Massive crowds of tourists have been filmed lining Kyoto’s historic Sannenzaka street, with the viral video sparking concern that the popular Japanese destination is struggling to cope with the numbers. Sannenzaka, a roughly 400-metre long cobblestone …

    Source: The Geelong Advertiser - Center-right
  • Published on Dec 23, 2024

    'They'll even tax your popcorn': Startup founder's post asking high earners to 'leave India' sparks debate

    First Published Dec 23, 2024, 12:20 PM IST | Last Updated Dec 23, 2024, 12:22 PM IST A fiery Reddit post by an Indian startup founder has ignited a storm of debate online. Posted by ‘u/anonymous_batm_an’ on the r/India subreddit, the now-deleted …

    Source: Asianet Newsable - Label Pending
  • Published on Dec 23, 2024

    PSX surges by 4,200 points during intra-day trading

    Listen to article The Pakistan Stock Exchange (PSX) kicked off the week with a strong rally on Monday, as the KSE-100 index rose by 3.87% during intra-day trading. The stock market reached a high of 113,833.69 points from its previous close of 109,513.14. …

    Source: The Express Tribune - Uncategorized
  • Published on Dec 23, 2024

    Cable One Enhances Flexibility in Strategic Investment in Mega Broadband Investments

    Cable One announced that it has amended the terms of its strategic investment in Mega Broadband Investments to provide enhanced timing flexibility for Cable One’s potential acquisition of full ownership of MBI.  Cable One currently owns a 45% stake in MBI, …

    Source: The Fast Mode - Neutral
  • Published on Dec 23, 2024

    Idrees Textile Mills Limited

    Idrees Textile Mills Limited [PSX: IDRT] was incorporated in Pakistan as an unquoted public limited company in 1990. The company is engaged in the manufacturing and sale of yarn and fabric. Pattern of Shareholding As of June 30, 2024, IDRT has a total of …

    Source: Business Recorder - Neutral
  • Published on Dec 23, 2024

    Impact of duty exemption: Wholesale prices of consumer goods decline

    Wholesale prices of most essential commodities have begun to decrease in Chattogram's Khatunganj wholesale market, one of the country's largest wholesale hubs.  Traders said the price drops are due to tariff exemptions on imports, a reduction in …

    Source: The Business Standard - Neutral

06 days 05:25:35

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