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Friday, October 31, 2025
TopicForex

Topic: Forex

QuickTrade brokerage firm redefines online trading in a digitally conscious world

QuickTrade works under Financial Services Conduct Authority guidelines and as its client, you enjoy unlimited leverage offered by South Africa, which is one of the last regulatory centers to do so.

India’s forex reserves touch record-high of $612.73 billion, RBI data shows

According to the Reserve Bank of India's weekly data, the increase in foreign exchange reserves was due to the surge in foreign current assets (FCA) that rose by $463 million.

5 reasons why India needs to add to its record foreign exchange reserves of $608 billion

The hoard may help reassure investors and credit-rating companies about the Modi government’s ability to meet its debt obligations despite a deteriorating fiscal outlook.

Rupee drops 15 paise to 76.40 against US dollar in early trade

Forex traders said the weakness in the rupee was largely due to muted domestic equities and strengthening of the US dollar.

Rupee drops 25 paise to 76.31 against US dollar in early trade

Forex traders said market sentiment weakened after a potential antiviral drug for coronavirus cure reportedly failed its first trial.

RBI has also liberalised forex trading by allowing banks to trade in offshore markets

Banks in India that operate out of International Financial Services Centre will be allowed to participate in non-deliverable forwards market from 1 June.

Mumbai forex firm in ED net for forging tickets, passports to justify Rs 700-cr gain

ED books Capstone Forex Private Limited for siphoning funds, after information about a 'sharp rise in revenue' brought it under suspicion.

RBI pushed for trading platform to make forex cheaper for retailers. But it benefits banks

RBI allowing banks to charge users a ‘pre-agreed flat fee’ affects its intention of reducing retail cost of buying & selling foreign currencies.

Success of RBI’s rare $5 billion forex swap today expected to prompt an encore

In an unusual move, RBI will buy dollars from banks for three years & offer them rupees in return.

RBI hand seen as rupee holds amid cooling oil prices

India’s forex reserves plunged $5.14 billion in the week ended 12 Oct. — the biggest drop in 7 years — hinting at the central bank’s intervention.

On Camera

Starbucks was once progressive. It’s now approaching a dangerous spot in culture wars

Former CEO Howard Schultz once told shareholders those who opposed his support of same-sex marriage were free to invest elsewhere. But now, CEO Brian Niccol seems to be selling Starbucks as a place that just, well, sells coffee.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.