Is the rupee’s recovery sustainable?
The writer says dundamental reasons for the rupee’s weakening such as widening trade and current account deficits were present even before the replacement PTI regime.
Vietnam, Hungary’s parliaments sign new cooperation agreement
The two sides will implement a mechanism to regularly exchange information on legislative activities, and on bilateral and multilateral international treaties to which both…
Concrete actions are important to shared prosperity: Australian foreign minister
Vietnam is the first South-east Asian country Australian Minister of Foreign Affairs Penny Wong paid a visit to after assuming the position.
Peso breaches 55:US$1, now Asean’s worst performer
Analysts are worried about the speed that the peso has been depreciating, and that this might come to the point when the Bangko Sentral ng Pilipinas would have to use its foreign…
Pressure on forex reserves: Bangaldesh exploring loan of up to $4.5 billion from IMF
Even though imports are slowly contracting, the elevated inflation levels around the world mean the odds of a slowdown in both remittance inflows and export orders are high.