KARACHI: Pakistan’s foreign exchange reserves declined to $23.163 billion as of December 30, 2016 from $23.286 billion a week ago, the State Bank of Pakistan (SBP) reported on Thursday. The forex reserves held by the ...

A depiction of Bitcoins.     The value of bitcoin surged above $1,100 on Thursday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016. Analysts have suggested a host of ...

A longtime but thus-far fruitless bid by congressional critics of the US Federal Reserve (Fed) to have the central bank audited is gaining momentum as President-elect Donald Trump prepares to take office, the advocacy ...

By Noel Randewich U.S. shares ended higher on Wednesday even after minutes from the Federal Reserve's December meeting showed concerns that quicker economic growth under President-elect Donald Trump could require ...

The woman has been visiting the RBI from last three days to exchange Rs 5,000 in old notes. (PTI) A 30-year old woman on Wednesday stripped outside the Reserve Bank of India (RBI) office here in protest after she could ...

The British journal The Banker has named Russian Central Bank Head Elvira Nabiullina as the European Central Bank Chairman of the year. The journal hailed Nabiullina's success in controlling Russia's inflation rate, ...

Almost all Federal Reserve policymakers thought the United States economy could grow more quickly because of fiscal stimulus under the Trump administration and many were eyeing faster interest rate increases. Minutes ...

Rs 14.5 lakh crore of Rs 500 and Rs 1,000 notes have been deposited as of 30/12.Arup Roychoudhury reports. The Reserve Bank of India has likely received Rs 14.5 lakh crore of Rs 500 and Rs 1,000 notes as on December ...

JAKARTA: When Indonesian President Joko Widodo 11 months ago called for the interest rates that borrowers pay banks to "fall, fall, fall" and become single digit, businesses in Southeast Asia´s largest economy cheered. ...

FRANKFURT: A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands from some hardliners for the European Central Bank to choke off it ultra-generous monetary ...

Jaitley said, RBI will decide by assessing market situation The Reserve Bank of India will remove restrictions on cash withdrawals after assessing market situation, Finance Minister Arun Jaitley said, on Wednesday, ...

Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration and many were eyeing faster interest rate increases, minutes from the ...

“RBI is either speechless or stunned into silence. The credibility of the central bank further took a hit when PM Modi announced measures on December 31,” he said. Hitting hard at the Reserve Bank of India (RBI), ...

RBI appointed Surekha Marandi as ED. (PTI) The Reserve Bank today said Surekha Marandi has been appointed as Executive Director and will look after financial inclusion, among other departments. Marandi took charge ...

FRANKFURT: Global banking regulators on Tuesday postponed the approval of long-awaited rules designed to avert a repeat of the financial crisis, after failing to agree on the minimum amount of capital banks must hold. ...

Mumbai: The Reserve Bank on Tuesday said foreign citizens can exchange foreign currency notes for Indian currency up to a limit of Rs 5,000 per week till January 31.Earlier, RBI had permitted foreign citizens to ...

Frankfurt: Global banking regulators on Tuesday postponed the approval of new capital rules designed to avert a repeat of the financial crisis, saying they needed more time to finalise the long-awaited and contentious ...

The central bank on December 31 designated its five offices — Mumbai, New Delhi, Chennai, Kolkata, and Nagpur — to exchange defunct currency notes post 50-day demonetisation period that ended on December 30. ...

Remittances to Mexico saw the biggest spike in more than a decade during the month that President-elect Donald Trump was elected, Reuters reported Monday. Mexican citizens in the U.S. sent home nearly $2.4 billion in ...

MUMBAI: The Reserve Bank of India on Tuesday advised banks to increase supply of fresh notes and directed currency chests to ensure daily reporting of note supply in far flung areas.The central bank said that the ...