The main opposition party has recently demanded a devaluation of the Sri Lankan Rupee (LKR) to ‘increase exports’ and ‘boost the economy’. This process, claims our ‘government-in-waiting’, is the ...

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President Mahinda Rajapaksa has ruled out a devaluation of the Sri Lanka rupee to levels of currencies in other countries, because of the impact on import costs.“At a meeting on Monday, the President ...

The rupee may well have to bear a greater burden of adjustment ... Thus, it may seem tempting for China to resort to ‘some’ ...

He stressed that the exporters, who somewhat benefited from the devaluation of the currency, need to take the future ...

Pakistan has faced consistent economic difficulties, with inflation spiralling out of control and the value of the rupee plummeting. Basic commodities are becoming increasingly unaffordable, and wages ...

This is the third devaluation of Pak rupee in the last 7 months. The currency was earlier devalued by 5 per cent both in December 2017 and March 2018. Industry analysts believe that the currency ...

The Indian HSBC Manufacturing PMI came in at 57.5 in October vs. 56.5 prior, stronger than expected.

Previously the Pakistani rupee witnessed a devaluation of 5 paisa against the US dollar, closing at Rs277.73 compared to the previous day's closing of Rs277.68. The British Pound (GBP) is also ...

Chief Emerging Asia Economist at JP Morgan sharing his view with CNBC-TV18 on news the commerce ministry is considering rupee devaluation to support exports. If you were planning on purchasing a ...