Monday, June 14, 2021

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Foreign exchange

Far-left and Congress trolls display ignorance while targeting PM Modi, misinterpret data to claim Rupee weakening against Bangladeshi Taka

As the value of 1 Rupee is equal to 1.16 Bangladeshi Taka, trolls assumed Rupee is weak against Taka and targeted PM Modi

India’s foreign exchange reserves see a significant surge, cross half-a-trillion USD mark for the first time

This is for the first time that India’s foreign exchange reserves have crossed the half-a-trillion US Dollar mark

Amnesty International produced predetermined Kashmir reports using foreign money received in violation of FEMA

Amnesty International using illegal foreign contribution to create propaganda reports on Kashmir

Rupee continues to strengthen on expectations that Modi is going to form the government again

The month of March has witnessed the most robust Rupee performance since 2nd January 2019.

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections

Second consecutive rate cut: LPG cylinder price cut by Rs 120.50 for unsubsidised consumers, Rs 5.91 for subsidised

Reduced prices in the international market has led to a second consecutive monthly price reduction

Rupee rises 21 paise against US Dollar, touching a three-month high

The Rupee rose by 21 paise to 69.64 against the US Dollar.

FCRA violations: Amnesty International’s Bengaluru offices raided by Enforcement Directorate

NDA government has been investigating unauthorised foreign funding received by NGOs

Iran ready to handover Chabahar port to Indian firm for operation: Iranian Minister Abbas Akhoundi

Chabahar is one of the most important strategic areas of influence for India

Jyotiraditya Scindia furthers half truth about India’s forex reserves, gets fact-checked

Even at a 7 month low, forex reserve was higher by around 30% since the BJP gained power, outflanking the Congress in 2014.

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