The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Read More
There has been an increase in US dollars being smuggled out of Afghanistan to some neighbouring countries mainly Pakistan, which may worsen the country's already fragile economy, according to a new report which cites currency convertors in the Taliba ...
The Indian economy is expected to grow at 7.2 per cent in 2021 but growth could slow down next year, according to the UNCTAD Trade and Development Report 2021. ...
Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday. ...