Wei ZhangLiving
Indian Parents Can Tap USD 500,000 Annual LRS Quota for Overseas Property
Remittances exceeding Rs 10 lakh face tax collected at source up to 20 percent under Reserve Bank of India foreign exchange rules.
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foreign exchange
Every story tagged foreign exchange on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged foreign exchange
9 stories in this topic
Rajiv MenonFinance
Bangladesh Taka Strengthens Against US Dollar After 5.5 Years
The currency appreciated 0.77 percent to Tk 123 per dollar between August 30 and September 17, according to Bangladesh Bank.
Rajiv MenonFinance
US Dollar Dips to VND26,200 as State Bank of Vietnam Sets Record Rate
The greenback rose 0.23 percent to around VND25,880 on the black market while the central bank’s reference rate reached VND25,637.
Aiko TanakaFinance
Japanese Yen Drops to 156 Against Dollar Following Hawkish Federal Reserve Rate Hike
The US Dollar Index pushed past 100 as Asian currencies slid following monetary tightening in Washington.
Wei ZhangFinance
Yen Traders Brace for Silver Week Intervention as BOJ Decision Looms
Japan spent a record $96.4 billion over the past month defending the yen ahead of the Bank of Japan’s policy decision on September 18.
Rajiv MenonFinance
Asian Markets Gain as JGB Yields Slide Ahead of US Jobs Data
Traders price in a two-in-three chance of a Federal Reserve rate increase this month while Japanese government bond yields pull back from historic highs.
Rajiv MenonFinance
Japanese Retailers Lock in FX Contracts as Weak Yen Hits Profits
Takara MC and furniture giant Nitori face mounting import costs with the currency lingering near 159 per dollar after a 30 per cent drop over five years.
Rajiv MenonFinance
Vietnamese Dong Strengthens as Dollar Drops to VND26,330 at Vietcombank
Unofficial currency traders pushed the greenback up 0.19 percent to VND25,970 even as official commercial bank rates edged down.
Sarah ChenGeneral
Dollar struggles in Asia after lift from US retail sales
The dollar was steady on Friday after China’s central bank appeared to have stopped guiding the yuan lower for now, easing concerns that a weaker Chinese currency could derail plans by the US Federal Reserve to raise interest rates. The dollar traded at…