Foreign Currency

Sudan Probing Bashir After Large Sums Of Cash Found At Home: Source

World News | Reuters | Sunday April 21, 2019

Sudan's public prosecutor has begun investigating ousted President Omar al-Bashir on charges of money laundering and possession of large sums of foreign currency without legal grounds, a judicial source said on Saturday.

7 Bangladeshi Nationals Arrested With Over $700,000 At Kolkata Airport

Kolkata News | Press Trust of India | Wednesday April 10, 2019

Seven Bangladeshi nationals were apprehended at the Kolkata airport on Tuesday for carrying over $700,000 in cash allegedly without any document, officials said.

Cash Strapped Pakistan Receives $2.2 Billion From China

World News | Press Trust of India | Monday March 25, 2019

China on Monday pumped-in USD 2.2 billion to cash-strapped Pakistan to shore up its close ally's foreign currency reserves and help avert a possible default on external debt payments.

Cricket Betting Racket Busted, Jewellery, Cash Worth Over 2.5 Crores Seized In Delhi

Delhi News | ANI | Thursday March 21, 2019

The Income Tax (I-T) Department on Wednesday conducted searches in Delhi's Punjabi Bagh area and busted a racket of cricket betting and hawala operations and seized jewellery worth Rs 1.8 crore, undisclosed cash Rs 95 lakh and foreign currencies worth Rs 14 lakh.

Probe Agency Seizes Foreign, Indian Notes Worth Rs 1.83 Crore In Jaipur

Jaipur News | Press Trust of India | Friday March 15, 2019

The Enforcement Directorate (ED) on Friday said it has busted an illegal foreign currency transaction racket with the seizure of Indian and foreign currencies worth Rs 1.83 crore from a Jaipur-based currency operator.

Father, Son Arrested With Foreign Currency Worth Rs 68 Lakh At Delhi Airport

Delhi News | Press Trust of India | Wednesday February 27, 2019

A father and son were arrested by customs officials for allegedly trying to smuggle out foreign currency worth Rs 68 lakh at Delhi airport, an official statement said on Wednesday.

SBI Savings Accounts For Non-Residents: Minimum Balance, Eligibility And Other Details

Business | NDTV Profit Team | Tuesday February 26, 2019

State Bank of India offers three types of accounts to NRIs: Non Resident Ordinary (NRO) account, Non Resident External (NRE) account and Foreign Currency Non-Repatriable (Bank) FCNR (B) account.

Probe Agency Raids 6 Locations Over IL&FS Crisis

India News | Press Trust of India | Thursday February 21, 2019

The Enforcement Directorate (ED) Wednesday conducted raids on at least six locations in Mumbai and Delhi-NCR region in connection with the multi-crore IL&FS payment default crisis and seized foreign currency worth Rs 6 lakh, officials said.

2 Arrested With Foreign Currencies Worth Rs 92.87 Lakh At Delhi Airport

Delhi News | Indo-Asian News Service | Saturday February 9, 2019

A 67-year-old woman and a man have been apprehended at the Delhi airport for possessing foreign currencies worth over Rs 92 lakh allegedly in an illegal manner, officials said on Saturday.

Gold, Forex Worth Over Rs 1.8 Crores Seized At Delhi Airport, 4 Arrested

India News | Press Trust of India | Monday January 28, 2019

Four people have been arrested by the customs officials in separate cases for allegedly trying to smuggle gold and foreign currencies worth Rs 1.88 crores at the Delhi airport, according to an official statement issued Monday.

Forex Reserves Jump By $2.68 Billion In A Week

Business | Press Trust of India | Friday January 11, 2019

In the reporting week, foreign currency assets, a major component of the overall reserves, rose by $2.215 billion to $370.292 billion.

Foreign Currency Worth Rs 38 Lakh Seized At Hyderabad Airport

Hyderabad News | ANI | Friday January 11, 2019

The passenger Mohammad Ahmed Ali Baig, from whom the currency was seized, is an Indian national who was flying to Dubai.

Three Arrested For Trying To Smuggle $80,000 From Kolkata Airport

Kolkata News | Indo-Asian News Service | Monday December 3, 2018

The Directorate of Revenue Intelligence (DRI) busted a syndicate involved in smuggling foreign currency out of the country and seized $80,000 at the Kolkata airport, an official said today.

Days After G20 Meet, China Agrees $9 Billion Currency Swap With Argentina

World News | Agence France-Presse | Monday December 3, 2018

China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency reserves, its central bank announced Sunday.

1 Arrested With Foreign Currency, Steroids Worth Crores At Delhi Airport

Delhi News | Press Trust of India | Monday November 26, 2018

The Directorate of Revenue Intelligence arrested a man with foreign currency and muscle-enhancing steroids worth over three crore rupees at Indira Gandhi International Airport, an official statement issued on Sunday said.