Foreign Currency News - Latest Updates & Headlines
Foreign currency deposits rise for 2nd month in South Korea amid uncertainty
Seoul, Feb 24: Foreign currency deposits rose for a second consecutive month in January as companies secured more dollar holdings amid heightened uncertainties, the central bank here said on Monday.
NRI accounts clock 43 per cent jump in funds to $13.33 billion in April-Dec
Mumbai, Feb 20: The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to $9.33 billion during the same period in 2023, according to the latest figures compiled by the Reserve Bank of India (RBI).