Fast-growing Nonco believes the $235 billion market for digital dollars, pesos and reals can vastly improve foreign exchange ...

India is the fourth largest country to hold foreign exchange reserves of USD 658.8 billion, enough to meet the country's ...

Union Finance Minister Nirmala Sitharaman assured Parliament about the strength of India's foreign exchange reserves, which ...

Nirmala Sitharaman's remarks came after several opposition members raised concerns about the country's financial position, ...

India's foreign exchange reserves stand at USD 658.8 billion, enough to cover 11 months of imports, Finance Minister Nirmala Sitharaman informed the Rajya Sabha.

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in the country’s external ...

On April 4, 2025, the Reserve Bank of India released revised draft Regulations and Directions under the Foreign Exchange Management Act (FEMA), 1999, concerning the export and import of goods and ...

This is because funds credited to the NRO account may not always have suffered TDS (tax deducted at source). Further, it is important to note that under FEMA (Foreign Exchange Management Act ...

South Korea’s top financial regulator is signaling a policy shift that could allow foreign investors to access the domestic ...

India is the fourth largest country to hold foreign exchange reserves of $658.8 billion, enough to meet the country’s imports for 11 months, Finance Minister Nirmala Sitharaman told the Rajya Sabha on ...

First, most retirees eligible for Social Security can receive their payments abroad. There is an exception for those living ...

NFER, which adjusts gross reserves to account for near-term liabilities such as FX swaps and forward contracts, is widely regarded as a more accurate indicator of the foreign exchange buffers ...