Foreign Exchange Trades

Latest News for: Foreign exchange trades

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The long road to breaking free | Mint

Live Mint 14 Aug 2022

Breaking the twin constraints of domestic savings and foreign exchange was a big concern in the development economics of the time ... The economy was choked with stringent licensing, credit rationing, import controls, as well as draconian laws such as the Monopolies and Restrictive Trade Practices Act and the Foreign Exchange Regulation Act.

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Five Chinese firms to delist from NYSE

Gulf Daily News 13 Aug 2022

The oversight row, which has been simmering for more than a decade, came to a head in December when the Securities and Exchange Commission (SEC) finalised rules to potentially prohibit trading in Chinese companies under the Holding Foreign Companies Accountable Act.

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Stocks rally 614 points on ‘good news’ from IMF

Dawn 13 Aug 2022

The rupee has gained 10.87pc in the last nine consecutive trading sessions. According to Ahsan Mehanti of Arif Habib Ltd, falling foreign exchange reserves, new taxes of Rs15bn and a slump in global crude oil prices exerted some mid-session pressure on equities ... Foreign investors were net buyers as they purchased shares worth $0.19m.

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China's services trade fair attracts 134 financial institutions, enterprises

China Daily 13 Aug 2022

Over 40 foreign-funded financial institutions and enterprises will participate in the exhibition and exchange activities ... It will include a global services trade summit, exhibitions, forums, new product and technology releases, business promotions and discussions, and supporting activities. .

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Rupee internationalisation, a step in right direction by RBI; must look at long term, sustainable solutions

Financial Express 12 Aug 2022

For any country having an enhanced dependence on trade and more so for an essential commodity like oil, for its economic growth, the foreign exchange reserves serve as an armour to shield the economy from the risks associated with currency depreciation and external debt defaults.

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Three Chinese corporate giants leaving NY stock exchange

The Times of India 12 Aug 2022

They said shares still would be traded in Hong Kong, which is open to non-Chinese investors ... Foreign stock exchanges matter less to state-owned companies ... The New York Stock Exchange announced plans in January 2021 to end trading of shares of China's three main state-owned phone carriers under Trump's order.

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China state-owned giants to delist from US stock exchange

Al Jazeera 12 Aug 2022

They said shares still would be traded in Hong Kong, which is open to non-Chinese investors ... Foreign stock exchanges matter less to state-owned companies ... The New York Stock Exchange announced plans in January 2021 to end trading of shares of China’s three main state-owned phone carriers under Trump’s order.

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Crypto Ban: Uzbekistan Blocks Access To FTX And Binance – Here’s Why

Bitcoinist 12 Aug 2022

“Presently, the activities of various electronic platforms that provide services to citizens of the Republic of Uzbekistan on trade and (or) exchange of ... Uzbekistan To Foreign Crypto Exchanges ... Until then, it is unclear if citizens can participate in foreign exchanges.

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Time to go global? Here are 4 options for investing in international markets now

The Times of India 12 Aug 2022

The instrument being traded here is called an “Unsponsored depository receipt” (DRs) ... Its platform provides a free-of-cost single integrated terminal and a mobile application through which you can invest directly in equities and ETFs traded over 135 exchanges across 33 countries in 23 currencies. DIY solutions offered by foreign or domestic brokers..

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Chinese yuan weakens to 6.7413 against USD Friday

Xinhua 12 Aug 2022

dollar Friday, according to the China Foreign Exchange Trade System. In China's spot foreign exchange market, the yuan is ...

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Market exchange rates in China -- Aug. 12

Xinhua 12 Aug 2022

12 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System . ... in international foreign exchange markets on the same business day ... exchange market.

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Five Chinese state-owned companies to delist from NYSE amid US tensions

The Times of India 12 Aug 2022

The oversight row, which has been simmering for more than a decade, came to a head in December when the Securities and Exchange Commission (SEC) finalized rules to potentially prohibit trading in Chinese companies under the Holding Foreign Companies Accountable Act.

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5 Chinese state-owned companies to delist from NYSE amid US tensions

Financial Express 12 Aug 2022

exchanges if they do not comply with U.S ... The oversight row, which has been simmering for more than a decade, came to a head in December when the Securities and Exchange Commission (SEC) finalized rules to potentially prohibit trading in Chinese companies under the Holding Foreign Companies Accountable Act.

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China's trade in services beats pre-pandemic level in scale

China Daily 12 Aug 2022

The overall scale of China's trade in services sector has exceeded the pre-pandemic levels, and the trade deficit has further narrowed, said Wang Chunying, deputy head and spokeswoman of State Administration of Foreign Exchange, at a news conference in Beijing ... The trade deficit ...

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