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India & Pakistan FOREX News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about India & Pakistan FOREX Trading.
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Latest India & Pakistan FOREX News

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  • India surprises market with massive gold purchase 7 Nov 2009 07:52 GMT
    ... India surprises market with massive gold purchase Bombay ... the International Monetary Fund to diversify its foreign exchange reserves. From New Delhi, Anjana Pasricha reports ...

  • India reserve bank buys $6.7 billion in gold from IMF 7 Nov 2009 07:52 GMT
    ... India surprises market with massive gold purchase Bombay ... the International Monetary Fund to diversify its foreign exchange reserves. From New Delhi, Anjana Pasricha reports ...

  • India buys gold from International Monetary Fund 7 Nov 2009 02:55 GMT
    ... India has purchased 200 tons of gold from ... the International Monetary Fund to diversify its foreign exchange reserves. From New Delhi, Anjana Pasricha reports ...

  • Commodity Trends:Gold shines so does gold guinea 7 Nov 2009 12:11 GMT
    ... The National Multi-Commodity Exchange has launched gold guinea contract ... dollar could diminish the value of India’s foreign exchange reserves and hence this could lead ...

  • Did RBI sell US Treasury bills to buy IMF gold? 7 Nov 2009 12:13 GMT
    ... With the Indian central bank Reserve bank of India buying 200 tonnes of IMF gold at ... Friday. According to the RBI release, total foreign exchange reserves including gold and SDR (special drawing ...

  • Sri Lanka buying gold to diversify reserves 7 Nov 2009 15:57 GMT
    ... COLOMBO : Sri Lanka's central bank on Saturday ... reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of ... the continuation of the steady increase in foreign exchange inflows, the country's external reserve position is ...

  • Sri Lanka buying gold `to diversify reserves` 7 Nov 2009 16:31 GMT
    ... Colombo: Sri Lanka's central bank on Saturday said ... reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of ... the continuation of the steady increase in foreign exchange inflows, the country's external reserve position is ...

  • Sri Lanka buying gold 'to diversify reserves' 7 Nov 2009 13:17 GMT
    ... Central Bank assistant governor Nandalal Weerasinghe declined to ... Friday following a report that had joined India in purchasing the precious metal. Weerasinghe did ... the continuation of the steady increase in foreign exchange inflows, the country's external reserve position is ...

  • Class is now in session 7 Nov 2009 01:34 GMT
    ... Speculation early this morning was that U.S. employers ... currency reserves following unwanted volatility in the FX market was seen supporting gold, Johansson said. "While the ... gold higher earlier in the week following India's 200 tons gold purchase from the IMF", ...

  • Dollar gains as markets roiled by US jobs data 7 Nov 2009 00:33 GMT
    ... recent market gains." Michael Malpede at Easy Forex said the weak report will prompt the Federal ... a report that Sri Lanka had joined India in purchasing the precious metal in favor of ...

  • India Buys Gold from International Monetary Fund to Diversify Foreign Exchange Reserves 6 Nov 2009 16:31 GMT
    ... A worker displays gold bars at the National Indian ... silver refinery in Mumbai, 06 Nov 2009 India has purchased 200 tons of gold from ... the International Monetary Fund to diversify its foreign exchange reserves. From New Delhi, Anjana Pasricha reports ...

  • India witnesses 3% rise in foreign exchange 6 Nov 2009 08:34 GMT
    ... KOLKATA: In spite of foreign tourist inflow adversely ... 26/11 terror attack and economic slowdown, the foreign exchange earning from the sector has witnessed ...

  • Taiwan`s Forex Reserves Up Sharply to New High of US$321.222 B. in Oct. 6 Nov 2009 07:57 GMT
    ... Taiwan`s Forex Reserves Up Sharply to New High of ... in Oct. Taipei, Nov. 6, 2009 (CENS)--Taiwan`s foreign exchange reserves hit US$341.222 billion at the end ... the Asian markets, the central banks of India and South Korea have also been intervening ...

  • Tourist inflow in India down due to swine flu 6 Nov 2009 13:11 GMT
    ... in tourist inflow has been recorded in India due to swine flu scare in the ... has not led to any decrease in foreign exchange earnings. "Tourist arrivals is witnessing a downturn ... to the swine flu scare. However, our forex earnings are going up these days," said ...

  • Financial: India Forex Reserves Decrease 6 Nov 2009 13:18 GMT
    ... and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ...

  • Forex kitty declines to $284 billon 6 Nov 2009 16:54 GMT
    ... India’s foreign exchange reserves fell to to US$284.391 billion for ... billion last week, the Reserve Bank of India said. ...

  • Philippine Oct forex reserves at record $43.18 bln 6 Nov 2009 06:18 GMT
    ... the end of 2010. * The Philippines' forex reserves are at a record high but ... lowest reserves in the region, outpacing only Pakistan and Bangladesh. * Inflows of remittances from ... from overseas Filipinos help boost the country's foreign exchange reserves. Tetangco has said remittances could ...

  • India Forex Reserves Decrease 6 Nov 2009 13:20 GMT
    ... (RTTNews) - India's foreign exchange reserves decreased to US$284.391 billion as on October 30 from US$285.520 billion as on ...

  • India`s forex reserves down at $284.3 billion 6 Nov 2009 17:15 GMT
    ... Mumbai: India's foreign exchange reserves fell to USD 284.391 billion for the week ended October 30. In the ...

  • India Buying 200 Tons of Gold, What does it Mean? 6 Nov 2009 12:19 GMT
    ... India’s central bank, Reserve Bank of India, announced on Nov. 2, 2009 a purchase ... done as part of the Reserve Bank’s foreign exchange reserves management operations. The purchase was an ...

  • India is eager for the IMF's bullion 6 Nov 2009 07:15 GMT
    ... India is eager for the IMF’s bullion IF YOU count bangles, necklaces, anklets and other pieces of ...

  • India: State yet to exploit cashew plantation potential 6 Nov 2009 14:45 GMT
    ... India: State yet to exploit cashew plantation potential ... to be addressed, he said. As a foreign exchange earner, the crop can help farmers in ...

  • Tourist arrivals hit by swine flu scare 6 Nov 2009 06:13 GMT
    ... have kept away many foreigners from visiting India as there is a downward trend in ... to the swine flu scare. However, our forex earnings are going up these days." There ... is a 13.1 per cent growth in foreign exchange earnings in October as compared to the ...

  • Berlin, birthplace of modern Asia 6 Nov 2009 17:50 GMT
    ... NEW DELHI: By marking the Cold War’s end and ... is also linked to the post-1989 events. India was heavily involved in barter trade with ... to transnational pirates (Somalia) or transnational terrorists (Pakistan and Afghanistan), or by their defiance of ...

  • AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance (BIZ) 6 Nov 2009 14:30 GMT
    ... "The strong quarterly performance was driven by higher margins ... primarily due to the unfavorable impact of foreign exchange rates, as well as lower volumes ... of receivables at its generation businesses in Pakistan helped improve working capital by approximately $81 ...


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