The Indian rupee depreciated by 2.9% in FY25 but outperformed currencies like the Canadian Dollar and Brazilian Real. Various ...
Gold prices increased on Friday, following an upward trend in international markets. The price of gold per tola rose by Rs400, reaching Rs282,600 in the local market, according to the All-Pakistan ...
The Korean won experienced one of its steepest depreciations globally in December 2024, driven by political turmoil following ...
According to the Central Bank of Sri Lanka following the 10.7 per cent appreciation in 2024, the Sri Lanka rupee depreciated ...
A rising real effective exchange rate (REER) — the rate used to determine a currency's value relative to other major currencies — only risks a worsening of the current account deficit.
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than ...
Thanks to RBI continuing with its tried, tested and successful post-liberalisation policy of intervening to reduce excess volatility ...
Pakistan’s Real Effective Exchange Rate (REER), a measure of the value of a currency against a weighted average of several foreign currencies, increased to 103.7 in December 2024, up from 103.02 ...
This drop marks the largest depreciation since September 2022, when the won was destabilized by the “Legoland crisis,” ...
The SBP has released the estimate of the Real Effective Exchange Rate (REER) Index of the rupee in December 2024. It stands at 103.7, as compared to 103.2 in November. The value in December is the ...
The Korean won experienced one of the steepest depreciations globally in December 2024, driven by political turmoil following ...