BB spokesperson said the reserves have increased due to the release of funds by some foreign lending institutions and the increase in remittances ...

Shenoy argued that these restrictions limit India's financial ecosystem, suggesting that Indian investors and institutions ...

Pavel Prozorov allegedly exploited regulatory loopholes and established dummy entities in Indiato transfer funds overseas ...

The ED filed a second chargesheet against Octafx India, its operating company overseas, OctaMarkets, its founder Pavel Prozorov, OctaFX CEO, who handled India operations, Anna Rudaia, and nine other ...

The currency made a sharp recovery to close at a record low of 85.54, down 28 paise compared to Thursday’s close of 85.27. It ...

Trillions of dollars are traded daily on the global foreign exchange (FX) market, making it one of the largest and ...

With the rupee facing continuous pressure, it hit an intra-day low of 85.81 to the dollar on Friday. Meanwhile, the forex ...

They had declined by a total of $5.2 billion in the prior two weeks. Changes in foreign currency assets are caused by the ...

In this article, economic and financial analyst, Olumide Adesina debunks some of the widely speculated misconceptions ...

Ripple's XRP is up 6% on Tuesday following a series of on-chain metrics, which reveals investors in the remittance-based ...

According to the AFDB, Africa loses more than $1.6bn daily due to illicit money transfers and profit shifting by ...

Indian Rupee has slumped today, adding to recent set of losses as US dollar stayed supported in thin trades overseas while worries over a tepid local economic undertone and falling forex reserves hurt ...