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With foreign exchange reserves hitting record $ 600 billion, RBI could use outside financial consultants to boost returns

In a major development, the Reserve Bank of India (RBI) is likely to hire external financial consultants to manage some of its massive foreign exchange reserves, which are now estimated at record levels of around $ 600 billion, in order improve yields at a time when interest rates have reached …

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Rupee Extends Third Session Losses, Breaks 73 Against US Dollar

Extending losses for the third session in a row, the rupee fell 9 peas on Thursday to end at 73.06 (tentative) against the US dollar even as domestic stock markets stabilized with large gains. Forex traders said the local unit is trading in a narrow range as investors looked to …

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The next step in currency risk management

With the Absa Access Mobile app, companies can manage their currency risk on the go, explains Aphile Molefe of Absa CIB. Article by Aphile Molefe, eFX SA sales manager at Absa CIB. We have never been so mobile or connected. According to the Independent Communications Authority of South Africa (ICASA), …

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The next step in managing currency risk

With the Absa Access Mobile app, companies can manage their currency risk on the go, explains Aphile Molefe of Absa CIB. Article by Aphile Molefe, eFX SA sales manager at Absa CIB. We have never been so mobile or connected. According to the Independent Communications Authority of South Africa (ICASA), …

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India’s foreign exchange reserves increase by $ 5.27 billion to a record high of $ 598.16 billion; Liquidity could further stimulate stock markets

India’s foreign exchange reserves jumped about $ 5.271 billion to a record high of $ 598.165 billion in the week ending May 28, according to RBI data. According to the Reserve Bank of India (RBI) Weekly Statistical Supplement, reserves fell from $ 592.894 billion the previous week to $ 598.165 …

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India’s foreign exchange reserves may have exceeded $ 600 billion, says RBI governor

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that India foreign exchange reserves may have broken the record high of 600 billion USD thanks to strong capital flows. According to RBI data released on May 28, the country’s foreign exchange reserves rose $ 2.865 billion to a …

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Revealed: Samuel Leach Trader Invests Huge Sums in Stock Market and Forex

Samuel Leach is one of the most exciting young equity and currency traders and Instagram The influencers there. In 2020, Yahoo Finance ranked it as a “Best trader to follow”, and it was classified 7th at the Fintech Disruptor Awards the same year, and the first quarter of 2021 showed …

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Locast Brings Free Local TV Streaming Service to Raleigh-Durham, NC

Nonprofit Locast is the only service to stream 40 local TV channels – for free – over the Internet in Raleigh-Durham Locast TV Guide Locast now offers 40 local TV channels via the Internet to residents of the Raleigh-Durham region. RALEIGH, North Carolina, June 02, 2021 (GLOBE NEWSWIRE) – Location, …

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WatchGuard Unveils New Family of Endpoint Security Products Within WatchGuard Cloud, Just One Year After Acquisition of Panda

WatchGuard Cloud Now the MSP Management Interface of Choice for Security Delivery LONDON, June 02, 2021 (GLOBE NEWSWIRE) – WatchGuard® Technologies, a global leader in network security and intelligence, multi-factor authentication (MFA), advanced endpoint protection and secure Wi-Fi, today announced the integration of the product family WatchGuard Endpoint Security, formerly …

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India’s foreign exchange reserves increase by $ 2.865 billion to a record high of $ 592.894 billion

India’s foreign exchange reserves increased by $ 2.865 billion in the week ended May 21. According to the Reserve Bank of India (RBI) weekly statistical supplement, foreign exchange reserves hit a record high of $ 592.894 billion from $ 590.028 billion for the week ended May 14. Foreign exchange reserves …

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