According to the Economic Times , figures of the Reserve Bank of India (RBI) show that India's foreign exchange reserves increased to USD 285.1bn as on Jan 15, increasing by USD 899mn during the week. Foreign currency assets increased by USD 853mn as a result of the appreciation of other currencies against the US Dollar. Special drawing rights increased by USD 36mn and the country's reserve capital with the International Monetary Fund increased by USD 10mn during the week. |
Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more
Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more