ILEA000999958: PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

Japan to respond appropriately, any time to excessive yen moves: currency official

STORY: Japan to respond appropriately, any time to excessive yen moves: currency official SHOOTING TIME: June 20, 2024/Earlier footage DATELINE: June 25, 2024 LENGTH: 00:02:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Japan 3. various of Tokyo Stock Exchange 4. various of Nikkei stock index STORYLINE: Japan stands ready to take appropriate steps against volatile currency moves at "any time," the country's top currency diplomat said Monday, as the yen neared the 160 line against the U.S. dollar, a level that previously prompted authorities to intervene in the market. Masato Kanda, vice finance minister for international affairs, warned that excessive yen fluctuations negatively affect the economy. "We are ready to take appropriate action at any time," he told reporters. The yen's weakness persists after the Bank of Japan's decision this month to hold off reducing bond-buying stimulus until its July meeting. The yen weakened to 159.94 per U.S. doll

India's forex reserves fall to 646.67 bln USD

STORY: India's forex reserves fall to 646.67 bln USD SHOOTING TIME: Archives DATELINE: June 2, 2024 LENGTH: 00:01:21 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the Reserve Bank of India 2. various of banks 3. various of a market STORYLINE: India's foreign exchange (forex) reserves dropped by over 2 billion U.S. dollars during the week ended May 24, the country's central bank, the Reserve Bank of India, said in a weekly bulletin on Friday. The forex reserves stood at 646.67 billion dollars, a drop after gaining a total of 10.8 billion dollars in the previous three weeks, The Hindu newspaper said in a report. The country's foreign currency assets stood at 567.499 billion dollars, while the gold reserves stood at 56.713 billion dollars, said the central bank bulletin. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

Yen briefly drops past 160 level vs USD in volatile trading

STORY: Yen briefly drops past 160 level vs USD in volatile trading SHOOTING TIME: Archives DATELINE: April 30, 2024 LENGTH: 00:01:30 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: The Japanese yen briefly dropped to a new 34-year low in the 160 level against the U.S. dollar on foreign exchange markets on Monday morning. It marked the first time since April 1990 that the U.S. dollar has topped the 160 yen line. Monday is a national holiday in Japan, but trading remained very volatile as the Japanese currency began reversing its trajectory in the afternoon, strengthening to the 155 level. Some market participants suspected that Japanese authorities may have stepped into the currency market to stem the yen's dive. A senior Finance Ministry official declined to comment on the yen's sharp rise, Kyodo News reported on Monday. The Japanese currency also fell to around 171 against the euro at one stage, its lowest level since euro was introduced in 1999. Xinhua News

India's forex reserves rise to 648.562 bln USD

STORY: India's forex reserves rise to 648.562 bln USD SHOOTING TIME: April 10, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:02 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of building of the Reserve Bank of India 3. various of market STORYLINE: India's foreign exchange (forex) reserves further rose by 2.98 billion U.S. dollars to 648.562 billion U.S. dollars in the week ended April 5, according to the weekly statistics issued by the country's central bank the Reserve Bank of India (RBI) on Friday. This was the seventh consecutive week when India's forex reserves moved upwards. The foreign currency assets, a key component of the forex reserves, rose by 549 million U.S. dollars to 571.166 billion U.S. dollars during the cited period, showed the RBI data. Meanwhile, the gold reserves rose by 2.398 billion U.S. dollars to 54.558 billion U.S. dollars. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

ZIMBABWE-HARARE-GOLD-BACKED CURRENCY-INTRODUCTION

(240406) -- HARARE, April 6, 2024 (Xinhua) -- This photo taken on April 5, 2024 shows specimens of new Zimbabwean dollar notes in Harare, Zimbabwe. Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation. The new structured currency, known as the Zimbabwe Gold (ZiG), will be backed by a basket of foreign exchange reserves and precious metals, mainly gold, being held by the Reserve Bank of Zimbabwe (RBZ), or the country's central bank. (Photo by Shaun Jusa/Xinhua)

India's forex reserves rise further to 642.631 bln USD

STORY: India's forex reserves rise further to 642.631 bln USD SHOOTING TIME: March 28, 2024 DATELINE: March 31, 2024 LENGTH: 00:01:32 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of RBI building 3. various of banks 4. various of market area STORYLINE: India's forex exchange (forex) reserves rose by 139 million U.S. dollars to 642.631 billion dollars during the week ending on March 22, data released by the country's central bank, the Reserve Bank of India (RBI), showed on Friday. This was the fifth straight week when India's forex reserves rose. Media reports described them as the highest-ever forex reserves till date. Forex reserves had stood at 642.492 billion dollars during the previous week ending on March 15. The RBI data further revealed that gold reserves rose by 347 million dollars to 51.487 billion dollars, while the foreign currency assets, which is the key component of forex reserves, declined by 123 million dollars to 568.264 billion dollars, showed the

India's forex reserves rise to 642.49 bln USD as rupee falls

STORY: India's forex reserves rise to 642.49 bln USD as rupee falls SHOOTING TIME: March 20, 2024 DATELINE: March 25, 2024 LENGTH: 00:01:16 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India gate 2. various of the Reserve Bank of India 3. various of a market STORYLINE: India's foreign exchange reserves reached an all-time high of 642.49 billion U.S. dollars during the week ended on March 15, the country's central bank has reported. This was the fourth straight week with an increase in the forex reserves for the South Asian country. According to the Reserve Bank of India on Friday, the forex reserves rose by nearly 6.4 billion dollars during the week ended on March 15. The foreign currency assets stood at 568.386 billion dollars, while the gold reserves amounted to 51.14 billion dollars during the cited week, the data showed. Meanwhile, the Indian rupee fell to its lowest level of 83.43 against the U.S. dollar, due to broad weakness in its Asian peers and the aggressive

EGYPT-CAIRO-CENTRAL BANK-INTEREST RATE-INCREASE

(240306) -- CAIRO, March 6, 2024 (Xinhua) -- This photo taken on March 6, 2024 shows U.S. dollar and Egyptian pound notes in Cairo, Egypt. The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. (Xinhua/Sui Xiankai)

AFGHANISTAN-CURRENCY-UP

(240228) -- KABUL, Feb. 28, 2024 (Xinhua) -- This photo taken on Feb. 28, 2024 shows banknotes at a local money exchange market in Kabul, Afghanistan. The value of Afghan national currency afghani has appreciated 15.42 percent against the U.S. dollar in the current year, Noor Ahmad Agha, deputy governor of Da Afghanistan Bank, has said. (Photo by Saifurahman Safi/Xinhua)

India's forex reserves fall

STORY: India's forex reserves fall SHOOTING TIME: Earlier footage DATELINE: Jan. 29, 2024 LENGTH: 0:01:12 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of the Reserve Bank of India (RBI) 3. various of the market STORYLINE: India's foreign exchange reserves declined 2.794 billion U.S. dollars to 616.143 billion dollars during the week ending on Jan. 19, according to the latest data of India's central bank. The data revealed that foreign currency assets, which is termed as the biggest forex component, declined 2.653 billion dollars to 545.855 billion dollars. During the week ending on Jan. 12, India's foreign exchange reserves increased 1.634 billion dollars to 618.937 billion dollars. According to media reports, in the calendar year 2023, nearly 58 billion dollars was added to India's foreign exchange reserves, and in 2022 the country's foreign exchange reserves slumped 71 billion dollars. Xinhua News Agency correspondents reporting from New Delhi. (XHT

PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

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