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Foreign Exchange (Forex)

Term commonly used when referring to the foreign exchange market.

News On Foreign Exchange (Forex)
India's forex reserves rise to $309.44 bn as of April 11

19-04-2014| Source:Reuters

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly statistical

Fin Tech's MCX stake to go to multiple investors: Sources  

17-04-2014| Source:CNBC-TV18

According to the prevailing norms, no single foreign investor can own more than 5 percent stake in MCX.

RBI for independent body for forex benchmark rate

16-04-2014| Source:PTI

The Reserve Bank today suggested setting up of an independent body for recommending benchmark foreign exchange rate to avoid any possibility of manipulation by bankers. The Reserve Bank of India (RBI

Jubilant FoodWorks soars 3.4%, RBI ups FII investment limit

16-04-2014| Source:Moneycontrol.com

The Reserve Bank of India on Tuesday notified that foreign institutional investors (FIIs), through primary market and stock exchanges, can now purchase up to 55 percent (revised from earlier limit

Infosys Q4: Revenues in constant currency slip in US, India

15-04-2014| Source:Moneycontrol.com

amounts are calculated using the average foreign currency exchange rates for the current period (March quarter in this case) and applied to each of the comparable periods. This gives a better idea of how

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