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Sunday, August 17, 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

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?