Finance

South Korea’s real gross domestic product (GDP), adjusted for inflation, grew 0.7 percent in the second quarter this year compared to the previous quarter, central bank data showed on Tuesday. The real GDP continued to [Read More]

The Pakistani rupee hit an all-time low against the U.S. dollar on Monday during the intraday trade in the interbank market, according to the State Bank of Pakistan (SBP). During the intraday trading, the rupee [Read More]

China’s benchmark prices for spot interbank gold transactions were higher Monday, according to the China Foreign Exchange Trade System. The benchmark price for gold of 99.95 percent pure or above stood at 374.94 yuan (55.5 [Read More]

China’s central bank Monday conducted 5 billion yuan (740.27 million U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the seven-day reverse repos was set at 2.1 percent, [Read More]

Thailand’s central bank governor Sethaput Suthiwartnarueput said a monetary policy normalization should be “sooner rather than later” and in a gradual manner to anchor inflation expectations without stymieing the country’s economic recovery. The Bank of [Read More]

South Korea’s foreign currency deposits fell last month as importers drew settlement fund amid higher energy costs, central bank data showed Friday. Deposits, denominated in foreign currencies, stood at 87.06 billion U.S. dollars at the [Read More]

With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, Pakistani experts on Thursday called for necessary measures for economic [Read More]

The U.S. dollar appreciated in late trading on Wednesday, while the euro declined, as market participants awaited a key rate decision from the European Central Bank (ECB). The dollar index, which measures the greenback against [Read More]